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Entries Tagged as 'PMSI'

Priority Between Secured Parties: Discussions in Secured Transactions

May 18th, 2021 · Comments Off on Priority Between Secured Parties: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions

The topic of this podcast by Professor Scott J. Burnham is how to apply the rules found in § 9-322 for determining priority between one secured party and another secured party with an interest in the same collateral. The podcast assumes that collateral has been characterized as goods. The podcast reviews the basic rule that […]

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Purchase Money Security Interests Part II: Discussions in Secured Transactions

April 26th, 2021 · Comments Off on Purchase Money Security Interests Part II: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions

The topic of this podcast by Professor Scott J. Burnham is to identify when a purchase money security interest (“PMSI” or PIM-zee) has been created and to identify fact patterns that frequently appear on law school and bar examinations where it is significant that a security interest is a PMSI. Remember, a PMSI is simply […]

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Priority Between a Secured Party and a Party with a Lien: Discussions in Secured Transactions

April 19th, 2021 · Comments Off on Priority Between a Secured Party and a Party with a Lien: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions

This podcast by Professor Scott J. Burnham discusses the priority between a secured party and a party with a lien, including a judicial lien creditor, a creditor with a lien arising by operation of law, a creditor with an agricultural lien, and the IRS with a tax lien. The podcast discusses the relationship between Bankruptcy […]

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Secured Transactions: Priority: Purchase Money Security Interests (PMSI)

September 6th, 2017 · Comments Off on Secured Transactions: Priority: Purchase Money Security Interests (PMSI) · Commercial Transactions, Lawdibles Audio, Secured Transactions

The topic of this podcast by Professor Jennifer Martin is which party will prevail in a competition for collateral as between sellers or lenders having a purchase money security interest (“PMSI”) and other creditors with a security interest in the debtor’s assets. While secured parties might expect to prevail with respect to their collateral most […]

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