What is Commercial Law?

Commercial law is the body of law which governs the broad areas of business, commerce, and consumer transactions. It is typically considered a branch of civil law with private law and public law implications. Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods. The Uniform Commercial Code (UCC), a set of federal statutes, has been substantially adopted as statutory law in nearly every state. Various regulatory schemes control how commerce is conducted in a variety of settings including:

Should I hire a lawyer?

Yes, not only is a lawyer valuable when you are faced with litigation, but he/she can provide consultation on day-to-day matters such as planning and documenting the organizational structure, stock and asset sales, acquisitions and mergers, debtor and creditor matters like the collection of debts, cross border contracts and other contract issues, banking and finance, real estate, and landlord tenant matters. Use the form on this page to find a commercial law attorney that is right for you and your legal situation.

Frequently Asked Questions

• What is Redemption?
  Redemption is a legal term that describes a debtor’s action of reclaiming collateral that a creditor took legal possession of pursuant to the terms of a secured loan. Typically, a … more
• What is the Retail Installment Sales Financing Act?
  A Retail Installment Sales Financing Act is a state law that governs retail installment contracts. A retail installment contract is one where the lender maintains title to the property, such … more