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Practical Guide to Secured Transactions Under Revised Art. 9 (2004)

Revised Article 9 of the Uniform Commercial Code, designed to modernize and to create a more straightforward approach to the law of secured transactions, has been adopted in New York and all other states.   Revised Article 9 significantly expanded the scope of collateral and transactions covered, simplified the process of perfecting security interests, provided clearer rules for foreclosure sales of collateral, and modernized secured transactions by addressing intangible property and adapting to modern electronic methods of business.  Revisions of the General Provisions of the UCC Article 1 have now been introduced.  These are also designed to modernize this Article and to complement or to clarify other Articles in the Uniform Commercial Code, including Revised Article 9.  Revised Article 1 has so far been adopted in a handful of states, and the territory of the U.S. Virgin Islands, and has been proposed for adoption in other states.

This important seminar focuses on significant changes in the law of secured transactions wrought by Revised Article 9 and the specific revisions to Article 1 that have been approved by the National Conference of Commissioners on Uniform State Laws.  This half-day course is given by practitioners and academics with extensive expertise and involvement with Articles 9 and 1 of the Uniform Commercial Code.

Given the fact that Article 1 is critical as it applies to all transactions covered by the UCC and the broad applicability and scope of Revised Article 9, virtually all commercial lawyers could be handling transactions governed or affected by the new laws.

Program Contents

· Collateral Categories and Transactions under Revised Article 9

· Changes to the Rules Governing the Filing Process

· Electronic Filings

· Transition Rules and Procedures

· Default and Enforcement Remedies Provisions of Revised Article 9

· Revised Article 1

Program Speakers

Shephard W. Melzer, Esq. (Chair)

Clifford Chance LLP

--New York City

Francis J. Facciolo, Esq.

Professor of Law

St. John’s University School of Law
--Jamaica

Debra Goldberg, Esq.

Clifford Chance LLP

--New York City

Robert Rosenberg, Esq.

Senior Vice President, Associate General Counsel

HSBC Bank USA, National Association

--New York City

Paul M. Schupack, Esq.

Professor of Law

Benjamin N. Cardozo School of Law

--New York City

Total MCLE Credits                        3.5

Ethics MCLE Credits                        0.0

* Each additional person who uses the tapes for MCLE credit must purchase a copy of the “MCLE coursebook.”

Product Type	Member Price	Non Member Price
Practical Guide to Secured Transactions (2004) (This product cannot be used to receive MCLE credit) (CLE CourseBooks) 15844	$40.00	$60.00
+ Practical Guide to Secured Transactions Under Revised Art 9 (2004) (MCLE credit only if you have access to the course's audio/video/CD recording. You cannot receive MCLE credit from a coursebook alone.) (CLE CourseBooks) 15844M	$60.00	$125.00
* Practical Guide to Secured Transactions Under Revised Art. 9 (2004) (MCLE Audio on CD) D5844	$115.00	$195.00