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LAW 5360: Secured Transactions - 2201

Secured Transactions
Class Term:
Fall Term 2019-2020
Catalog Number:
5360
Class Number:
24573
Class Schedule:
Monday, Wednesday
12:30 pm
1:45 pm
Room:
LAW G20
Professor(s): Type:
Lecture
Credits:
3 (0 Contact, 0 Field)
Priority:
General Enrollment Course
Full Year Course:
No
Category:
Standard Courses

Grading Details

The overall grade will be determined 100% by a 24 hour take home final.

Description

This course focuses on security interests in personal property, which are governed by Article 9 of the Uniform Commercial Code. Related Sections in Articles 1 and 2 will also be examined. The course primarily deals with the creation, perfection, priority and enforceability of security interests in personal property and fixtures, although it also deals with rights of secured creditors generally. The course examines: (1) the rights and remedies of the secured creditor and the debtor; (2) the mechanisms and law underlying obtaining perfected interests in collateral; and (3) the priority of the secured creditor over others such as other Article 9 security interests holders, the bankruptcy trustee, sellers, buyers  and federal tax liens. The treatment of secured parties in bankruptcy proceedings will also be covered.  

Secured Transactions