This podcast by Professor Jennifer S. Martin focuses on two of the elements needed to attach a security interest to collateral under Article 9 of the Uniform Commercial Code: value given and a debtor’s rights in the collateral. The security agreement requirement is the subject of a separate podcast. Learning Outcomes On completion of the […]
Entries Tagged as 'security interest'
Value and Rights in the Collateral: Discussions in Secured Transactions
October 28th, 2022 · Comments Off on Value and Rights in the Collateral: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions
Tags:1-201(35)·1-204·9-203·collateral·security interest·U.C.C. Article 9·value given
Power to Transfer Rights and Entrustment Under § 2-403: Discussions in Secured Transactions
October 20th, 2022 · Comments Off on Power to Transfer Rights and Entrustment Under § 2-403: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions
This podcast by Professor Jennifer S. Martin focuses on two Article 9 issues: (i) when does a person have sufficient rights to grant an Article 9 security interest even though they have voidable title and (ii) when does the debtor have sufficient rights to grant an Article 9 security interest under the entrustment doctrine. Learning […]
Tags:2-403·Article 9·collateral·entrustment·entrustment doctrine·security interest
Creating a Security Interest – Overview: Discussions in Secured Transactions
May 3rd, 2021 · Comments Off on Creating a Security Interest – Overview: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions
This podcast by Professor Jennifer S. Martin provides an overview of the process by which a creditor attaches a security interest to collateral under Article 9 of the Uniform Commercial Code, thereby making it enforceable by the creditor in the event there are unmet obligations to the creditor (in most cases by non-payment of a loan […]
Tags:Article 9·collateral·security agreement·security interest·UCC Article 9
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 […]
Tags:§ 9-103·§ 9-203·§ 9-309·§ 9-317·§ 9-320(b)·§ 9-324·§ 9-334·automatic perfection·bankruptcy trustee·judicial lien creditor·PMSI·priority rules·Purchase Money Security Interest·security interest·superpriority
Classification of Collateral II: Discussions in Secured Transactions
April 12th, 2021 · Comments Off on Classification of Collateral II: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions
This is the second of two podcasts by Professor Jennifer S. Martin that describe the process by which a creditor identifies collateral subject to a security interest under Article 9 of the Uniform Commercial Code. This podcast focuses primarily on descriptions of intangible personal property, including the descriptions used in a security agreement. See Classification […]
Tags:classification of collateral·collateral·intangible personal property·intangible property·quasi intangible property·security agreement·security interest
Classification of Collateral I: Discussions in Secured Transactions
April 6th, 2021 · Comments Off on Classification of Collateral I: Discussions in Secured Transactions · Lawdibles Audio, Secured Transactions
This is the first of two podcasts by Professor Jennifer S. Martin that describe the process by which a creditor identifies collateral subject to a security interest under Article 9 of the Uniform Commercial Code. This podcast focuses primarily on descriptions of tangible personal property, including the descriptions used in a security agreement. See Classification […]
Tags:classification of collateral·collateral·security agreement·security interest·tangible personal property
Secured Transactions: Possession, Control, and Automatic Perfection
September 6th, 2017 · Comments Off on Secured Transactions: Possession, Control, and Automatic Perfection · Commercial Transactions, Lawdibles Audio, Secured Transactions
This podcast by Professor Jennifer Martin explains how a secured creditor that does not file a financing statement goes about perfecting its security interest in order to prevail against others who might claim the same collateral, and includes tips about the type of questions that might appear in the bar exam. This topic primarily requires a […]
Tags:9-309·9-314·creditor·law school·perfection·security interest
Secured Transactions: Repossession of Collateral
September 6th, 2017 · Comments Off on Secured Transactions: Repossession of Collateral · Commercial Transactions, Lawdibles Audio, Secured Transactions
The topic of this podcast by Professor Jennifer Martin is the nature of foreclosure of a security interest and, in particular, the right of a secured creditor to obtain possession of collateral after default. Like in many areas of the law a thorough understanding of secured transactions requires you to use the correct vocabulary relevant […]
Tags:Article 9·law school·secured creditor·security interest·UCC