Secured lenders carry a heavy burden in ensuring that their interests are properly preserved under the Uniform Commercial Code. This program will help lenders and their attorneys address some of the ethical issues that face secured creditors in perfecting and enforcing their bargained-for interests. The program will address the recent and controversial decisions of the Second Circuit and Delaware Supreme Court regarding the filing of UCC-3 termination statements to prevent catastrophic errors. To enable lenders and their counsel better determine when the line might be crossed, the outer boundaries of the secured creditors’ rights to repossess and sell the collateral will be explored. The program will also review the myriad of problems faced by lenders when the debtor relocates so that lenders can make certain that they do not lose their security interests and their attorneys can avert malpractice claims.
Agenda
Faculty
Richard A. Barkasy
Schnader Harrison Segal & Lewis LLP
- Partner with Schnader Harrison Segal & Lewis LLP
- Seasoned trial attorney and chair of the creditors’ rights and business restructuring practice group
- Devotes a substantial portion of practice to bankruptcy cases and handles a variety of complex commercial litigation matters
- Member of the firm’s Executive Committee
- Adjunct professor of bankruptcy, products liability, secured transactions, business organizations and construction law at Rutgers University School of Law-Camden
- J.D. degree, with honors, Rutgers University School of Law; B.A. degree, Dickinson College
- Can be contacted at 215-751-2526 or [email protected]
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