Secured Transactions: Commercial Finance

Deals with the use and operation of the major credit devices employed in modern commercial financing. The course involves an intensive study of the law as it affects secured transactions, securitizations, installment selling, discounting trade paper, inventory and receivables financing and the use of documents as security. The rights and liabilities of the parties, unsecured creditors, the trustee in bankruptcy, and other third parties are considered. A detailed and complete study of the structure and operation of Revised Article 9 of the Uniform Commercial Code is included.
Credits: 3

Type: SEM

Is this course open to LL.M. students? Yes

Do the credits of this course count toward the specialized program credits that students need for the Banking, Corporate & Finance Law LL.M. Program? Yes