Secured Transactions: Article 9 of the Uniform Commercial Code and Impact of Article 1 (Video Download)
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CLE Books

Secured Transactions: Article 9 of the Uniform Commercial Code and Impact of Article 1 (Video Download)

Secured Transactions: Article 9 of the Uniform Commercial Code and Impact of Article 1 (Video Download)
Product Code: CET11STSVID
Our Expert Speaker: Robert LeVine
Recording Date: July 13, 2011
Page Count: 102
Running Time: 89 minutes
Credit Hours: 1.5
Ethics Hours: 0
Sponsoring Entities: Center for Professional Development, Section of Environment, Energy, and Resources, Solo, Small Firm and General Practice Division
Topics: Business Law, Commercial Law, Corporate Law, General Practice
Format: Audio Download - CET11STSVID
Other Formats: CD - CET11STSCDR
Pricing: $129.00 (Regular)
$109.00 (ABA Member) ABA Members, Log in now to receive this discount!
$89.00 (Solo, Small Firm and General Practice Division) ABA Members, Log in now to receive this discount!
$89.00 (Section of Environment, Energy, and Resources) ABA Members, Log in now to receive this discount!
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Description

Secured transactions under Article 9 of the UCC are one of the most heavily litigated areas of commercial law. With a record number of loan defaults and bankruptcies, the law of secured transactions takes on new significance.

Mistakes in perfection are costly in enforcing a secured interest under Article 9. In bankruptcy, as trustees and unsecured creditors closely scrutinize the secured status of creditors, such mistakes can be fatal. As loan defaults skyrocket, lenders must exercise extreme due diligence to ensure that their security interests are fully protected and free of even minor defects.

Our presenter will walk you through Article 9, the impact of Article 1 on secured transactions, and best practices to ensure security interests are enforceable.
  • Context of secured transactions within the structure of the UCC

  • Impact of Article 1 on secured transactions

  • Key definitions under Article 9

  • Enforceability of security agreement

  • Perfection of security interest

  • Collateral: expanded definitions

  • Law governing perfection and priority of security interests

  • Other methods of perfection

  • Rules of priority

  • Default
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