This course concerns the law governing credit transactions in which the collateral is personal property, principally Article 9 of the Uniform Commercial Code. Topics to be covered include the scope of Article 9, collateral classification, attachment and perfection of security interests, priority among creditors, the impact of bankruptcy law on secured transactions, and default and foreclosure in secured transactions. We will pay close attention to Article 9 and other UCC provisions, which will be explored through problems discussed in class.
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