Printable Version

Spring 2017
5297 Representing Energy Borrowers - DOLE/DOLE/KEYES- 25143

Professor(s): Richard Dole (FACULTY)
Linda Dole (ADJUNCT)
David  Keyes (ADJUNCT)

Credits: 2

Course Areas: Business and Commercial Law 
Energy, Natural Resources and Environmental Law

Time: 8:30a-10:30a  TH  Location: 4  BLB

Course Outline: Course Description and Prerequisite
This two-hour course introduces students to the structure and customary documentation of bank credit facilities secured by personal property collateral through the documentation of a hypothetical commercial loan scenario. Both documents from actual transactions and model forms will be utilized. Techniques for maximizing Article 9 rights and avoiding fraudulent transfers will be emphasized. The Texas special loan agreement statute of frauds and Texas usury law will be discussed.

Students will participate in a maximum of four drafting exercises involving such topics as reconciling a draft Credit Agreement and a Term Sheet, drafting a Security Agreement and a Financing Statement implementing a Credit Agreement, drafting a Limited Guaranty implementing a Credit Agreement, and redrafting a Legal Opinion with respect to the enforceability of the hypothetical transaction documents and the perfection of the security interest created by the hypothetical transaction Security Agreement and Financing Statement. SUCCESSFUL COMPLETION OF THIS TWO-HOUR COURSE WILL SATISFY IN FULL THE LAW CENTER SKILLS COURSE REQUIREMENT.

Course Syllabus: Syllabus

Course Notes: Quota = 12 .  Charles M. Fox, WORKING WITH CONTRACTS – WHAT LAW SCHOOL DOESN'T TEACH YOU (2D ED. 2008). The book is available online through the Bloomberg website. The link to our record is here: https://www.bloomberglaw.com/books_treatises/practice/search/results/135db9b1f197a3d436a009e5b3e1dc8b. You also can purchase this book. On Amazon.com, the price is $16.72 in Kindle, $17.60 in paperback (and less through other Amazon Marketplace sellers).If you do not yet have a Bloomberg Law account, you can set one up for free at http://www.bloomberglaw.com/activate.

Prerequisites: Yes  Secured Financing

First Day Assignments:

Final Exam Schedule: 05/02 9 - 11am  213 BLB    

This course will have:
Exam:
Paper:

Satisfies Skills Course Requirement: Yes
Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type:

Bar Course: No

Course Materials (11/3/2016 10:15:02 AM)

Special Case

Course Materials: O'Connor's TX Business & Commmerce Code: 2016-2017 will be provided free of charge.