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E-raamat: Principles of Personal Property Law

(University of Leeds, UK)
  • Formaat: 486 pages
  • Ilmumisaeg: 30-Nov-2011
  • Kirjastus: Hart Publishing
  • Keel: eng
  • ISBN-13: 9781847317919
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  • Formaat: 486 pages
  • Ilmumisaeg: 30-Nov-2011
  • Kirjastus: Hart Publishing
  • Keel: eng
  • ISBN-13: 9781847317919
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The law of personal property covers a very wide spectrum of scenarios and has had little detailed scrutiny of its overarching structure over the years. This is a shame. 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 understand. This new textbook is intended to provide a comprehensive and 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 book will be of use to students on undergraduate commercial law courses, or related LLM courses, as well as those on integrated property law courses, and particularly specialised personal property modules. It will also be useful to academics and practitioners working in the area.

Arvustused

[ A] very interesting and illuminating book...there can hardly be doubt that the work makes an important original contribution to legal scholarship. -- David Carey Miller * The Edinburgh Law Review, Volume 16 * ... welcome as a new foray into the complex world of personal property law. -- Emily Hudson * Law Quarterly Review, Volume 128 *

Preface v
Table of Cases
xiii
Table of Legislation
xxxvii
Table of Conventions, Treaties, etc
xlvii
1 The Basic Concepts of Personal Property Law
1(32)
I Introduction
1(1)
II What is a Property Right?
2(1)
III Subdividing Personal Property: Different Types of Asset
2(2)
IV Ownership, Possession and Legal Title
4(14)
A Ownership
4(3)
B Possession
7(6)
C Legal Title
13(5)
V Equitable Title under a Trust
18(6)
A What is a Trust?
19(3)
B Creation of an Express Trust
22(2)
VI Original Modes of Acquisition
24(7)
A Legal Title
24(6)
B Equitable Title
30(1)
VII Conclusion
31(2)
2 Transfer of Legal Title to Choses in Possession I
33(24)
I Introduction
33(1)
II Passage of Property under Sale of Goods Act 1979
34(19)
A Classification
36(1)
B Sale of Specific Goods
36(6)
C Unascertained Goods
42(9)
D Reservation of the Right of Disposal
51(2)
III Deed
53(1)
IV Delivery
53(3)
A Transferring Possession
54(1)
B Intention
55(1)
V Conclusion
56(1)
3 Transfer of Legal Title to Choses in Possession II: The Nemo Dat Rule
57(28)
I Introduction
57(1)
II Exceptions to Nemo Dat
58(23)
A Estoppel
59(4)
B Factors Act 1889 section 2
63(5)
C Voidable Title
68(2)
D Sale under a Power of Sale
70(1)
E Sale by a Seller or Buyer in Possession
71(9)
F Hire Purchase Act 1964
80(1)
III Overreaching
81(2)
IV Conclusion
83(2)
4 Assignment of Legal Choses in Action
85(40)
I Introduction
85(1)
II Statutory (Legal) Assignment
86(6)
A What can be Assigned?
89(1)
B Writing and Notice Requirements
90(2)
III Equitable Assignment
92(13)
A Joinder
93(3)
B Requirements of Equitable Assignment
96(9)
IV Rules Common to both Equitable and Statutory Assignment
105(8)
A `Subject to Equities'
106(4)
B Priorities
110(3)
V Non-Assignable Choses in Action
113(10)
A Non-Assignability in Law
113(3)
B Non-Assignability by Contract
116(7)
VI Conclusion
123(2)
5 Transfer or Disposition of Subsisting Equitable Interests
125(12)
I Introduction
125(1)
II Five Scenarios: When is Writing Required?
126(8)
A The `Plain Vanilla' Case
126(1)
B Directions to the Trustee to Hold on Trust
126(1)
C Contracts for Valuable Consideration: Sales of Equitable Interests
127(3)
D Express Sub-Trusts
130(1)
E The Vandervell Saga
131(3)
III Surrender vs Disclaimer
134(1)
IV Priorities
135(1)
V Conclusion
136(1)
6 Negotiation and Negotiable Instruments
137(32)
I Introduction
137(1)
II What is a Negotiable Instrument?
138(4)
A Examples of Negotiable Instrument
139(2)
B Becoming a Negotiable Instrument
141(1)
III Transfer and Operation of Bills of Exchange
142(17)
A Transfer of a Bill of Exchange
143(8)
B Liability and Enforcement
151(8)
IV Negotiation of Bills of Lading
159(3)
V Commercial Uses of Bills of Exchange
162(5)
A Documentary and Negotiation Credits
162(4)
B Electronic Bills of Exchange and Electronic Negotiation
166(1)
VI Conclusion
167(2)
7 Defective Transfers and Payments
169(34)
I Introduction
169(1)
II Void Transfers
170(3)
III Resulting Trusts
173(20)
A Voluntary Conveyance and Purchase Money Trusts
174(6)
B Automatic Resulting Trusts
180(2)
C The Basis for the Resulting Trust
182(11)
IV Voidable Transfers
193(9)
A Instances of Voidability
194(2)
B Bars to Rescission
196(3)
C What Type of Interest is a Power?
199(3)
V Conclusion
202(1)
8 Protection of Legal Title via Tort Law
203(30)
I Introduction
203(1)
II Conversion
203(23)
A What Property can be Converted?
204(5)
B Acts Counting as Conversion
209(4)
C Entitlement to Sue in Conversion
213(4)
D Remedies
217(9)
III Trespass to Goods
226(4)
A Elements of Trespass
227(1)
B Remedies
228(2)
IV Replevin and Reversionary Injury
230(2)
V Conclusion
232(1)
9 Protection of Equitable Title: Remedies for Misdirected Property
233(32)
I Introduction
233(1)
II Tracing
234(17)
A Common Law Tracing
236(5)
B Equitable Tracing
241(6)
C Remedies
247(3)
D Defences
250(1)
III The Basis for Proprietary Claims Contingent on Tracing
251(5)
A Basis of the Claim: Property or Unjust Enrichment
252(2)
B The Unjust Factor
254(2)
IV Subrogation
256(2)
V Personal Claims
258(6)
A Dishonest Assistance
258(2)
B Knowing Receipt
260(4)
VI Conclusion
264(1)
10 Bailment and Attornment
265(29)
I Introduction
265(1)
II What is Bailment?
265(19)
A Prerequisites of Bailment
266(3)
B Relationship between the Bailor and Bailee
269(9)
C Termination of Bailment
278(1)
D Rights against Third Parties
279(3)
E Involuntary Bailees and Finders
282(2)
III Attornment
284(1)
IV Commercial Uses of Bailment
285(4)
A Hire Purchase Agreements
286(1)
B Financial Leases
287(1)
C Carriage of Goods by Sea
288(1)
V Is Bailment Necessary?
289(3)
VI Conclusion
292(2)
11 Security Interests and Quasi-Security
294(40)
I Introduction
294(1)
II Credit and the Function of Security and Quasi-security
294(4)
III The Types of Security Interest
298(1)
IV The General Rules
299(14)
A Attachment
299(2)
B Perfection
301(8)
C Priorities
309(4)
V Reform
313(4)
VI Quasi-security and the Relation with Security Interests
317(15)
A Retention of Title Clauses
318(8)
B Other Quasi-Security Interests
326(6)
VII Conclusion
332(2)
12 Pledges and Liens
334(25)
I Introduction
334(1)
II Pledges
334(8)
A Delivery
335(4)
B Re-Delivery or Redemption
339(1)
C Sale
340(2)
D Pledgees' Relations with Third Parties
342(1)
III Liens
342(16)
A Lienholders' Rights against Third Parties
344(2)
B Contractual Liens
346(1)
C Common Law or Customary Liens
346(3)
D Statutory Liens
349(3)
E Equitable Liens
352(6)
IV Conclusion
358(1)
13 Non-possessory Security Interests I: Mortgages and Bills of Sale
359(21)
I Introduction
359(1)
II What is a Mortgage?
360(6)
A Legal Mortgages
362(2)
B Equitable Mortgages
364(2)
III Enforcement
366(13)
A Foreclosure
367(1)
B Sale
368(6)
C Receivership
374(3)
D Possession
377(1)
E Enforcement of Bills of Sale
377(2)
IV Conclusion
379(1)
14 Non-possessory Security Interests II: Charges
380(34)
I Introduction
380(1)
II Floating and Fixed Charges
380(13)
A Determining whether a Charge is Fixed or Floating
383(8)
B The Importance of the Distinction
391(2)
III The Nature of the Floating Charge
393(6)
A The Licence Theory
394(1)
B The Defeasible Charge Theory
395(1)
C Overreaching
395(3)
C Power to Acquire a Persistent Right
398(1)
V Remedies of the Chargee on Default
399(7)
A Administrative Receivership
400(3)
B Administration
403(3)
V Reform
406(7)
A Reform Proposals and UCC Article 9
407(4)
B Abolition of the Floating Charge
411(2)
VI Conclusion
413(1)
15 Concluding Observations
414(7)
Index 421
Duncan Sheehan is Professor of Law at the University of East Anglia.