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Commercial Law League of America

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The Commercial Law League of America (CLLA) was founded in 1895 to elevate standards and improve the practice of COMMERCIAL LAW, to encourage an honorable course of dealing among its members and among the profession at large, to promote uniformity of legislation in matters affecting commercial law, and to foster among its members a feeling of fraternity and mutual confidence. Its members are lawyers, commercial agencies, and law list publishers.

The league has been a pioneer in standardizing commercial practice. It continues to maintain and expand its program of activities in such areas as creditors' rights, commercial laws and legislation, and BANKRUPTCY and reorganization. In March 2003, the CLLA presented testimony and a formal position paper before a U.S. Congress subcommittee for meaningful bankruptcy reform, relative to the pending Bankruptcy Abuse Prevention and Consumer Protection Act of 2003, H.R. 975, 108th Cong., 1st Sess.

The CLLA maintains over 40 committees covering various areas of commercial law and other topics, such as world peace through law and world trade. Its activities include educational programs on legal issues of public interest and importance. Along with the American Bankruptcy Institute, it also sponsors the American Board of Certification (ABC), a non-profit organization that serves to improve and certify attorneys belonging to bankruptcy and creditors' rights bars.

The CLLA has sections on commercial collection agencies and young members; it also has committees on bankruptcy and the UNIFORM COMMERCIAL CODE. It publishes the Commercial Law Journal ten times a year and holds annual meetings, often combining national conferences with those of other prominent organizations, such as the National Association of Credit Management and the Finance, Credit and International Business Association (FCIB). In 1998, the CLLA began holding international credit conferences as well.

FURTHER READINGS

Commercial Law League of America. Available online at <www.ccla.org> (accessed June 2, 2003).

Commercial Law League of America. 2000. "League Business." Commercial Law Bulletin (November-December).

Miller, Judith Greenstone. 2003. "Bankruptcy Abuse Prevention and Consumer Protection Act of 2003." FDCH Congressional Testimony (March 4).

CROSS-REFERENCES

Bankruptcy; Uniform Commercial Code.

Commercial Paper - Types Of Commercial Paper, Negotiability, Endorsements, Liability Of Parties, Secondary Liability, Holders [next] [back] Commercial Law - Cross-references

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