6347 Secured Financing - HILLJ- 18000
Julie Hill (DEPARTED)
Course Areas: Business and Commercial Law
Time: 2:30p-4:00p MW Location: 144 TU2
Course Outline: When a debtor runs into financial trouble, the likelihood of a particular creditor getting repaid in whole or in part will often depend on whether the creditor lent on a secured or unsecured basis. Compared to an unsecured creditor, a secured creditor possesses vastly superior legal rights in the collection and enforcement of debts. This course will address the "elevated" legal rights of the secured creditor by focusing on Article 9 of the Uniform Commercial Code (the "UCC") — the law of secured financing. We will discuss the rights and remedies of the secured creditor and the unsecured creditor under state law, and we will also address the effect of bankruptcy upon these rights and remedies (no prior knowledge of bankruptcy is required). The course is taught from a problem-solving approach; thus, we will discuss and analyze real-world legal problems.
Course Syllabus: Syllabus
First Day Assignments: Read pages xxxi-xxxv and 3-12 in the Lopucki & Warren text book. Prepare problems 1.1 and 1.2 on page 19.
Final Exam Schedule: 12/12 2-5pm 240 BLB 213 BLB
This course will have:
Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No