THE PROBLEM OF TRANSFERS UNDER BULK SALES LAWS: A STUDY OF ABSOLUTE TRANSFERS AND LIQUIDATING TRUSTS

Authors

Thomas Clifford Billig, Duke University
William L. Branch Jr., Member of the Colorado bar

Abstract

Although the first bulk sales law in the United States was enacted more than forty years ago, the host of decisions still emanating from the courts bears ample witness to the fact that this field of legal learning remains remarkably fertile. For the first decade following the original Louisiana Bulk Sales Act of 1894 the several state legislatures were busily engaged in passing statutes of similar import. During the next three decades the courts became as fully occupied as had been the legislatures in determining precisely what the legislatures meant by the language employed in the several acts. This process of interpretation still continues and it is the purpose of this article to analyze one segment of it.

Recommended Citation

Thomas C. Billig & William L. Branch Jr., THE PROBLEM OF TRANSFERS UNDER BULK SALES LAWS: A STUDY OF ABSOLUTE TRANSFERS AND LIQUIDATING TRUSTS, 35 Mich. L. Rev. 732 (1937).
Available at: https://repository.law.umich.edu/mlr/vol35/iss5/3