Payment Systems

Course Number: 
Michael D. Floyd

The casebook for our course on Payment Systems will be Ronald J. Mann, Payment Systems and Other Financial Transactions: Cases, Materials, and Problems (5th ed 2011).

You will also need a statute book. I learned today that there is a delay in getting the statutory supplement I had planned to use: Ronald L. Mann et al, ed., Comprehensive Commercial Law: Statutory Supplement (Aspen 2014). The Samford Bookstore received the 2013 edition of that book; that will be serviceable, though I hate for you to pay new-book prices for the year-old model. The Samford Bookstore has returned those books and placed an order for the 2014 edition, which should arrive this Friday or Monday. If you have a statute book from another publisher or from last year, or both, that will probably suffice for most purposes. However, you might be interested to know that I will use the same statute book for Secured Transactions and Bankruptcy in the spring 2015 semester; the 2013 edition had some errors in the bankruptcy statutes, which I hope will be corrected in the 2014 edition.

If you’re not planning to take Bankruptcy next spring, it shouldn’t make much difference whether your statute book is a 2013 or 2014 (or even 2012) edition, and you can probably find a used 2013 edition at a considerable discount from the “new” price. There are inevitable changes each year in the statutes and regulations, but those should be relatively minor. Perhaps more significant, there is some specialized material in the Aspen statute book that doesn’t appear in other publishers’ offerings, and you’ll need that material for a few assignments in the casebook. Neither of those considerations makes a used statute book a bad idea – especially if it’s a great bargain – but they will make the Mann et al 2014 statute book a little more convenient.

We will scan the statutory material you need for Monday’s class and send you PDFs on Friday if the current statute books are not in the Samford Bookstore by then.

For our first class on Monday, August 18, please read and be prepared to discuss the following in the Mann casebook, paying particular attention to the problems at the end of Assignment 1:

Preface (pages xxiii-xxiv)

Introduction to Part One (pages 3-11)

Assignment 1 (pages 13-25).

I look forward to seeing you on August 18.

Page last updated: Wed, 08/13/2014 - 14:52

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