6347 Secured Financing - DOLE- 30728
Richard Dole (FACULTY)
Course Areas: Business and Commercial Law
Time: 1:00p-2:30p TTH Location: 113 BLB
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 upon 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, the classes will focus upon discussing and analyzing real-world legal problems.
Course Syllabus: Syllabus
First Day Assignments: Discussion of (1) the Class Syllabus, (2) the
Handout for the CB Introduction on CB xxxi – xxxvii; (3) the Handout for Problem Set
One, which deals with the material on CB pp.3-19; and (4) the Handout for Problem Set
Two, which deals with the material on CB pp.22-36.
Final Exam Schedule: 04/30 1-4pm
This course will have:
Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No
Experiential Course Type: No
Bar Course: Yes
DistanceEd ABA 306:
Pass-Fail Student Election:
Course Materials (1/6/2020 8:49:15 AM)
Course Materials: (1) L. LoPucki, E. Warren & R. Lawless, Secured Transactions: A Systems Approach (8th ed. Aspen 2015) (the Casebook or CB) ISBN 9781454857938; (2) West, Selected Commercial Statutes (2019) Unabridged Edition that includes the Bankruptcy Code) (the Statutory Supplement or SS) ISBN 978-1-68467-008-6; and (3) materials supplied by the Instructor.