LAW 5245: Secured Transactions

Course Catalog Number: 
5245
Course Credits: 
2
Course Priority: 
General Enrollment Course
Course Category: 
Standard Courses
Full Year Course: 
No
Course Type: 
Lecture

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 underying 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.

Prerequisites: 

Course Offerings

Class Number:
21302
Term:
Fall 2014-15
Professor(s):
Class Number:
22339
Term:
Fall 2013-14
Professor(s):
,