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Principles of Personal Property Law 2nd edition [Kõva köide]

(University of Leeds, UK)
  • Formaat: Hardback, 480 pages, kõrgus x laius: 244x169 mm, kaal: 953 g
  • Ilmumisaeg: 18-May-2017
  • Kirjastus: Hart Publishing
  • ISBN-10: 1509901329
  • ISBN-13: 9781509901326
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  • Formaat: Hardback, 480 pages, kõrgus x laius: 244x169 mm, kaal: 953 g
  • Ilmumisaeg: 18-May-2017
  • Kirjastus: Hart Publishing
  • ISBN-10: 1509901329
  • ISBN-13: 9781509901326
Teised raamatud teemal:
The law of personal property covers a very wide spectrum of scenarios and, unfortunately, has had little detailed scrutiny of its overarching structure over the years. It is a system and can best be understood as a system. Indeed, without understanding it as a system, it becomes much more difficult to comprehend.

The second edition of this acclaimed textbook continues to provide a comprehensive yet detailed coverage of the law of personal property in England and Wales. It includes transfer of legal title to chattels, the nemo dat rule, negotiable instruments and assignment of choses in action. It also looks at defective transfers of property and the resulting proprietary claims, including those contingent on tracing, the tort of conversion, bailment and security interests. By bringing together areas often scattered throughout company law, commercial law, trusts and tort textbooks, it enables readers to see common themes and issues and to make otherwise impossible generalisations across different contexts about the nature of the concepts English law applies.

Throughout the book, concepts are explained rigorously, with reference to how they are used in commercial practice and everyday life. The new edition also includes a new chapter on secured transactions law reform, and introduces new material on the Cape Town Convention, IP rights and other intangible property.

The book will be of primary interest to academics and practitioners in the area. However, it will also be of use to students studying commercial or personal property law.

Muu info

A fully revised and updated edition of Duncan Sheehan's acclaimed 'The Principles of Personal Property Law'.
Table of Cases
xiii
Table of Legislation
xxxv
Table of Conventions, Treaties, etc
xlv
1 The Basic Concepts of Personal Property Law
1(32)
I Introduction
1(1)
II Subdividing Personal Property
2(4)
A Tangible and Intangible Assets
2(1)
B Dividing Intangibles
2(1)
i Documentary Intangibles
2(1)
ii Intellectual Property
3(2)
iii Equity and Debt Securities
5(1)
III Ownership, Possession and Legal Title
6(13)
A Ownership
6(1)
i What Type of Right is Ownership?
6(2)
ii Joint Ownership
8(2)
B Possession
10(1)
i De Facto Possession
11(2)
ii Legal Possession
13(1)
iii Constructive Possession
13(1)
C Legal Title
14(1)
i Possessory Title
14(1)
ii Documentary Title
15(4)
IV Equitable Title under a Trust
19(6)
A What is a Trust?
20(2)
B Creation of an Express Trust
22(2)
C Uses of the Trust in Commercial Contexts
24(1)
V Original Modes of Acquisition
25(6)
A Legal Title
25(5)
B Equitable Title
30(1)
VI Conclusion
31(2)
2 Transfer of Legal Title to Tangibles
33(22)
I Introduction
33(1)
II Passage of Property under Sale of Goods Act 1979
33(17)
A Classification
35(1)
B Sale of Specific Goods
36(1)
i Rule 1
37(1)
ii Rules 2 and 3
38(1)
iii Rule 4
39(2)
C Unascertained Goods
41(2)
i Rule 5
43(3)
ii Section 20A: Quasi-Specific Goods
46(2)
iii Future Goods
48(1)
D Reservation of the Right of Disposal
49(1)
III Deed
50(1)
IV Delivery
51(2)
A Transferring Possession
51(2)
B Intention
53(1)
V Conclusion
53(2)
3 Nemo Dat Quod Non Habet
55(26)
I Introduction
55(1)
II Exceptions to Nemo Dat
56(22)
A Estoppel
56(1)
i Estoppel by Representation of Authority to Sell, or of Ownership
57(1)
ii Estoppel by Negligence
58(2)
iii Other Estoppels
60(1)
B Factors Act 1889 s 2
60(1)
i Sale by a Mercantile Agent
60(3)
ii Pledge by a Mercantile Agent
63(1)
C Voidable Title
64(2)
D Sale under a Power of Sale
66(1)
E Sale by a Seller or Buyer in Possession
66(1)
i Seller in Possession
67(3)
ii Buyer in Possession
70(3)
F Hire Purchase Act 1964
73(1)
G Reform
74(4)
III Overreaching
78(2)
IV Conclusion
80(1)
4 Assignment of Legal Choses in Action
81(36)
I Introduction
81(1)
II Statutory (Legal) Assignment
82(6)
A What can be Assigned?
84(1)
B Writing and Notice Requirements
85(1)
i Writing Requirements
85(1)
ii Notice
85(2)
C Equity and Debt Securities
87(1)
D IP Rights
87(1)
III Equitable Assignment
88(11)
A Joinder
88(3)
B Requirements of Equitable Assignment
91(1)
i Assignment of Debts: The Pre-Judicature Act Rules
91(3)
ii The `Every Efforts' Doctrine
94(4)
iii The Relevance of Notice
98(1)
iv The Relevance of Consideration
99(1)
IV `Subject to Equities' and Priority Rules
99(7)
A `Subject to Equities'
100(3)
B Priorities
103(3)
V Non-Assignable Choses in Action
106(10)
A Non-Assignability in Law
106(3)
B Non-Assignability by Contract
109(7)
VI Conclusion
116(1)
5 Disposition of Subsisting Equitable Interests
117(10)
I Introduction
117(1)
II Five Scenarios: When is Writing Required?
118(6)
A The `Plain Vanilla' Case
118(1)
B Directions to the Trustee to Hold on Trust
118(1)
C Contracts for Valuable Consideration: Sales of Equitable Interests
119(2)
D Express Sub-Trusts
121(1)
E The Vandervell Saga
122(2)
III Surrender v Disclaimer
124(1)
IV Priorities
125(1)
V Conclusion
126(1)
6 Negotiation and Negotiable Instruments
127(26)
I Introduction
127(1)
II What is a Negotiable Instrument?
128(3)
A Examples of Negotiable Instrument
128(1)
i Bills of Exchange and Promissory Notes
128(1)
ii Two Senses of Negotiation: Bills of Exchange and Bills of Lading
129(1)
B Becoming a Negotiable Instrument
130(1)
III Transfer and Operation of Bills of Exchange
131(14)
A Transfer of a Bill of Exchange
132(1)
i Modes of Transfer
132(1)
ii Mere Holders of Bills of Exchange
133(1)
iii Holders for Value
133(3)
iv Holders in Due Course
136(3)
B Liability and Enforcement
139(1)
i Liability
139(2)
ii Defences
141(2)
iii Enforcement
143(1)
iv Discharge
144(1)
IV Negotiation of Bills of Lading
145(3)
V Commercial Uses of Bills of Exchange
148(5)
A Documentary and Negotiation Credits
148(3)
B Electronic Bills of Exchange and Electronic Negotiation
151(1)
VI Conclusion
152(1)
7 Defective Transfers and Payments
153(30)
I Introduction
153(1)
II Void Transfers
153(3)
III Resulting Trusts
156(18)
A Voluntary Conveyance and Purchase Money Trusts
157(1)
i Presumption of Resulting Trust
157(1)
ii Presumption of Advancement
158(2)
iii Disallowing Reliance on the Presumptions: Illegality
160(4)
B Automatic Resulting Trusts
164(1)
C The Basis for the Resulting Trust
165(1)
i Presumed Resulting Trusts
165(5)
ii Automatic Resulting Trusts---Failure of Basis
170(1)
iii Lack of Authority
171(1)
iv Void Contracts: Westdeutsche Landesbank Girozentrale v Islington LBC
172(1)
v Change of Position
173(1)
IV Voidable Transfers
174(7)
A Instances of Voidability
174(1)
i Induced Flaws in the Claimant's Intention: Misrepresentation, Duress and Undue Influence
174(1)
ii Mistake
175(2)
B Bars to Rescission
177(1)
i Restitutio in Integrum
177(1)
ii Third Party Rights
177(1)
iii Laches
178(1)
iv Affirmation
179(1)
C What Type of Interest is a Power?
179(2)
V Conclusion
181(2)
8 Protection of Legal Title via Tort Law
183(26)
I Introduction
183(1)
II Conversion
183(19)
A What Property can be Converted?
184(4)
B Acts Counting as Conversion
188(4)
C Entitlement to Sue in Conversion
192(3)
D Remedies
195(1)
i Damages for Loss
195(4)
ii Exemplary Damages
199(1)
iii Restitutionary Damages
200(1)
iv Defences: Allowances for Improvements and Change of Position
200(1)
v Delivery Up
201(1)
vi Injunctions
201(1)
vii Recaption: Self-Help Remedies
202(1)
III Trespass to Goods
202(3)
A Elements of Trespass
203(1)
B Remedies
204(1)
IV Replevin and Reversionary Injury
205(2)
V Conclusion
207(2)
9 Protection of Equitable Title: Remedies for Misdirected Property
209(30)
I Introduction
209(1)
II Tracing
210(15)
A Common Law Tracing
212(1)
i Physical Substitutions and Mixtures
212(1)
ii Bank Accounts
213(2)
B Equitable Tracing
215(1)
i Mixtures---Innocent Victim against Fiduciary
216(1)
ii Mixtures---Two Innocent Contributors
217(2)
iii Overdrawn Bank Accounts
219(2)
C Remedies
221(1)
i At Law
221(1)
ii In Equity
222(1)
D Defences
223(2)
III Proprietary Claims Contingent on Tracing
225(4)
A The Basis of the Claim: Property or Unjust Enrichment
225(2)
B The Unjust Factor
227(2)
IV Subrogation
229(2)
V Personal Claims
231(6)
A Dishonest Assistance
231(2)
B Knowing Receipt
233(4)
VI Conclusion
237(2)
10 Bailment and Attornment
239(24)
I Introduction
239(1)
II What is Bailment?
239(15)
A Prerequisites of Bailment
240(2)
B Relationship between the Bailor and Bailee
242(1)
i Bailor's Duties
242(1)
ii Bailee's Duties
243(3)
iii Damages
246(1)
iv Sub-Bailment on Terms
247(3)
C Termination of Bailment
250(1)
D Rights against Third Parties
250(3)
E Involuntary Bailees and Finders
253(1)
III Attornment
254(2)
IV Commercial Uses of Bailment
256(3)
A Hire Purchase Agreements
256(1)
B Financial Leases
257(1)
C Carriage of Goods by Sea
258(1)
V Is Bailment Necessary?
259(3)
VI Conclusion
262(1)
11 Security Interests and Quasi-Security
263(34)
I Introduction
263(1)
II Function of Security and Quasi-Security
263(3)
III The Types of Security Interest
266(1)
IV The General Rules
266(18)
A Attachment
267(2)
B Perfection
269(1)
i Companies Act 2006 Scheme
269(2)
ii Financial Collateral
271(3)
iii Bills of Sales Acts Scheme
274(2)
iv Aircraft
276(2)
v Intellectual Property
278(1)
C Priorities
279(1)
i General Rules
279(4)
ii Two Special Cases: Tacking and Marshalling
283(1)
V Quasi-Security Interests
284(12)
A Retention of Title Clauses
284(1)
i Products Clauses
284(3)
ii Proceeds Clauses
287(2)
iii Insolvency and Title Reservation
289(1)
iv Criticism
289(1)
B Other Quasi-Security Interests
290(1)
i Contractual Set-Off and Close Out Netting
290(2)
ii Insolvency Set-Off
292(2)
iii Equitable Transaction Set-off
294(1)
iv Independent Set-Off
295(1)
VI Conclusion
296(1)
12 Pledges and Liens
297(22)
I Introduction
297(1)
II Pledges
297(7)
A Delivery
298(3)
B Re-Delivery or Redemption
301(1)
C Sale
302(1)
D Pledgee's Relations with Third Parties
303(1)
III Liens
304(13)
A Lienholders' Rights against Third Parties
305(2)
B Contractual Liens
307(1)
C Common Law or Customary Liens
307(2)
D Statutory Liens
309(3)
E Equitable Liens
312(1)
i Particular Cases of Liens: Purchasers and Unpaid Vendors
312(2)
ii Particular Cases of Liens: Trustees' and Co-Owners' Liens
314(1)
iii A General Principle
315(2)
IV Conclusion
317(2)
13 Mortgages and Bills of Sale
319(26)
I Introduction
319(1)
II What is a Mortgage?
320(6)
A Clogs and Fetters
320(2)
B Legal Mortgages
322(2)
C Equitable Mortgages
324(2)
D Aircraft: International Interests
326(1)
III Enforcement
326(16)
A Foreclosure and Appropriation of Financial Collateral
328(2)
B Sale
330(1)
i Incidence of the Power of Sale
330(2)
ii Duties of the Mortgagee in Exercising the Power of Sale
332(3)
C Receivership
335(2)
D Possession
337(1)
E Enforcement of Bills of Sale
338(1)
i Current Law
338(1)
ii Reform of Bills of Sale
339(1)
F Enforcement of an International Interest
340(2)
IV Conclusion
342(3)
14 Equitable Charges
345(22)
I Introduction
345(1)
II Floating and Fixed Charges
345(10)
A Determining whether a Charge is Fixed or Floating
348(6)
B The Importance of the Distinction
354(1)
III The Nature of the Floating Charge
355(5)
A The Licence Theory
356(1)
B The Defeasible Charge Theory
357(1)
C Overreaching
357(2)
D Power to Acquire a Persistent Right
359(1)
IV Remedies of the Chargee on Default
360(7)
A Administrative Receivership
361(3)
B Administration
364(2)
V Conclusion
366(1)
15 Secured Transactions Law Reform
367(24)
I Introduction
367(4)
II Reform in other Jurisdictions
371(18)
A An Outline of the Article 9/PPSA System
372(1)
i Should Land be Included?
372(1)
ii In Substance and Deemed Security Interests
372(3)
iii Attachment and Perfection
375(4)
iv Priorities and `Taking Free'
379(4)
v Enforcement and the Relationship with Insolvency
383(2)
vi Cautionary Notes
385(1)
B The International Influence of UCC Article 9
386(2)
C Prospects for the Abolition of the Floating Charge apart from a PPSA System
388(1)
III Conclusion
389(2)
16 Concluding Observations
391(6)
Index 397
Duncan Sheehan is Professor of Commercial Law in the School of Law in the University of Leeds.