Learn many of the ethical issues that face secured creditors in perfecting and enforcing their bargained-for interests.
Secured lenders carry a heavy burden in ensuring that their interests are properly preserved under the Uniform Commercial Code. This topic will help lenders and their attorneys address some of the ethical issues that face secured creditors in perfecting and enforcing their bargained-for interests. 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. 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.
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
The GM Case and UCC-3 Termination Statements: Avoiding a Big Mistake
- Duty to File
- What Constitutes Authorization to File
- Impact of an Unauthorized Filing
Escaping Liability for the Repo Man
- Default
- Breach of the Peace - How Far Can the Lender Go?
- Commercially Reasonable Disposition of Collateral
Relocation of the Debtor: Pitfalls for the Unwary Lender
- Grace Period for Re-Perfection
- Corporate Conversion
- Movement of Collateral
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More Program Information
Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 9, 2016.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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