Commercial Law: Secured Credit Transactions
Professor A. Levitin
J.D. Course 133
| 4 credit hours
This is an introductory course in lending law. Most classes in law school deal with the issue of whether a party is liable to another. But establishing liability is only part of what lawyers do. They also have to collect on the liability for their clients, and this is often easier said than done. This course deals with the legal and social mechanisms for collecting obligations and how it informs the lending system. It is designed to introduce students to the strategic and legal issues involved in lending, particularly those related to collateral and debt collection. While UCC Article 9 is the mainstay of the course, attention will also be given to real estate and vehicle lending, debt collection law, sheriffs and repo men, factoring, and the treatment of secured credit in bankruptcy. The course is taught from a problem-set based textbook. No laptops.
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This course is not currently scheduled.
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Mutually Excluded Courses:
Students may not receive credit for this course and Commercial Law: Secured Transactions or Commercial Law: Secured Transactions and Payment Systems.
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