Prof Michael Bridge NAB6.21

This course is available on the LLM (extended part-time), LLM (full-time) and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 30 students. Students must apply through Graduate Course Choice on LSEforYou.

An examination of the proprietary and security aspects of commercial transactions. This course considers the significance of property and the special protection the law affords to proprietary interests (mainly in movable property). It examines various types of commercial transactions involving the transfer of property, the use of property, the taking of security and certain quasi-security transactions having a similar effect to security. It explores the different types of security and other transactions that may be available in the context of various types of asset, as well as priority issues when there are conflicting interests. The course will also consider proposals for reforming the law and alternative approaches that might be taken. The course is based upon the principles of English law but reference may also be made to other systems of law and to international initiatives sponsored by Unidroit and UNCITRAL.

20 hours of seminars in the MT. 2 hours of seminars in the ST.

There will be a reading week in week 6. 

One 2,000 word essay.

A detailed reading list will be distributed during the course. For preliminary reading on the basic principles see M Bridge, Personal Property Law (3rd Edn.) (especially chapters 6-7); M Bridge, The English Law of Real Security [2002] European Review of Private Law 483-508, and E McKendrick, Goode on Commercial Law (4th Edn) (especially chapters 22-25).

Exam (100%, duration: 2 hours, reading time: 15 minutes) in the summer exam period.

One two-hour open book examination paper.