TELESEMINAR: UCC Article 9 Practice Toolkit: From Attachment to Remedies, Part 1 – A National Perspective
November 13, 2012
12:00 – 1:00 p.m.
1.00 MCLE hours
Basic and complex secured transactions – the loan of money in exchange for a security interest in collateral – are part of most business and real estate transactions. They are essential to financing new ventures, real estate projects, and everyday business operations, including inventory and equipment and accounts receivable finance. They are also subject to the complexity of UCC Article 9, which can make them more costly, difficult to draft, and introduce risks into enforcement and foreclosures. Failure to comply with UCC Article 9 in drafting security agreements, perfecting the interest, or in enforcement can easily cause the value of the transaction to be lost. This program will provide you with a real-world guide to drafting the most important components of a security agreement, perfecting the interest, and cost-effective enforcement of liens in an uncertain economy. Part 1 of 2.
- Understanding the most important steps and decision in UCC Article 9 secured transactions
- Drafting cost-effective and enforceable security agreements
- Tips on different types of asset classes – accounts receivable, inventory, equipment, intellectual property
- What happens when something about the debtor changes – e.g., name, location, ownership
- Anti-assignment provisions regarding collateral
- Tips on increasing the enforceability of security agreements and reducing risks in foreclosure
William C. Holland, Bryan Cave HRO, LLP, Denver