Secured Transactions (LAW-840-001)
If you are on the waiting list for this class, you should assume that you will make it in without a problem. I can’t make any promises—so you may want to make sure your books can be returned, for example—but in the past we have always been able to work out a solution (like moving to a larger room to accommodate more students). For that reason, please prepare for and attend class on the assumption that you can be in the class if you would like to be.
In ordinary language: this course is about the law of lending and borrowing. More precisely, the course covers the law of secured lending, focusing on loans secured by personal property as governed by Article 9 of the Uniform Commercial Code. Students are introduced to the creation, perfection, priority, and enforcement of security interests, and to the policies underlying the system of secured credit. Some attention is given to loans secured by real property (mortgages), as well as to basic principles of finance and business. The course also covers some general principles of bankruptcy law as they relate to security interests. No prior knowledge of business, finance, economics, or bankruptcy is required.
Textbooks and Other Materials
The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check to determine if books are currently available for purchase online.
SECURED CREDIT: A SYSTEMS APPROACH, ASPEN CASEBOOK SERIES, WOLTERS KLUWER LAW AND BUSINESS: Lynn M. LoPucki and Elizabeth Warren -7th Ed. 2012- Required
COMPREHANSIVE COMMERCIAL LAW, 2014 STATUTORY SUPPLEMENT: Ronald J. Mann, Elizabeth Warren, Jay Lawrence Westbrook, Wolters Kluwer Law and Business (f/k/a/Aspen)
First Class Readings
Please see the posted syllabus.
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