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Re: dexprs post# 49792

Wednesday, 06/03/2009 4:32:52 PM

Wednesday, June 03, 2009 4:32:52 PM

Post# of 110670
Actually, it's the Uniform Commericial Code that dictates the framework for business law. But, you are right: There is enough case law on the books to fill several libraries concerning unsecured and secured creditors, bondholders, validity of clauses/terms, you name it. Precedence is already within 360 FULL degrees of sight.

I can not believe that we throw out the lawbooks, conclusions of all previous cases, & then follow the pipers' bad tune.

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