Law 631: Secured Transactions (Article 9)
At its core, secured credit is the law that governs a creditor’s right to seize a debtor’s property in repayment of a debt. The Secured Transactions course has two major parts: creditors’ rights against debtor and creditors’ rights against the rest of the world. The course will emphasize Article 9 of the Uniform Commercial Code but also will cover other topics such as real-estate lending and security interests in intellectual property. Secured transactions law touches both individuals and large corporations. The course will cover automobile loans to a consumer and multibillion dollar accounts receivable finance. The course is taught using the problem method and emphasizes a practical lawyering approach.
Sequence and Prerequisites: None
Evaluation: Administered Final Examination.