CA2694 Secured Transactions: An Introduction to Article 9 of the Uniform Commercial Code

Feeling overwhelmed?

The UCC – and even just Article 9 of the Code – is so complex that a lawyer can easily become lost in all of the details. Fortunately, you’ll find help at Secured Transactions: An Introduction to Article 9 of the Uniform Commercial Code.

Experienced presenters will help you make sense of Article 9’s core components. In addition, you’ll learn how to identify and avoid potential pitfalls that could cause serious problems for your clients.

The Who, What, When, Where, Why, and How

You already know that UCC Article 9 defines and outlines the rules for secured transactions. But what do these rules really mean for your practice? Explore the overall scope and underlying purpose of this body of law. Examine key facets of Article 9, including:

• The scope of Article 9
• Priority rules for competing creditors

A major aspect of secured transactions is coupling a debt with a creditor’s interest in the debtor’s personal property to create a perfected security interest for the creditor. Learn more about this process, including:

• Collateral classifications (goods, inventory, equipment, IP, etc.)
• Techniques for creating and perfecting a secured interest
• How to obtain a first priority lien in common types of collateral

If the debtor defaults, the creditor can enforce its security interest by repossessing and selling the property to satisfy the debt. Know the rules regarding failure to repay a secured transaction, such as:

• Default provisions
• What happens if no security agreement is in place
• How to foreclose on collateral

Stay steady

Discover tips for drafting effective collateral documents. Plus, hear personal insights from the presenters on issues you’ll most likely encounter over the course of a commercial loan transaction (either as a lender or borrower).

There’s no need to feel outdone by UCC Article 9 provisions. Learn how to effectively navigate through them at Secured Transactions: An Introduction to Article 9 of the Uniform Commercial Code