View
216
Download
0
Category
Preview:
Citation preview
8/6/2019 Secured Transactions Syllabus Fall 2009
1/2
1
SECURED TRANSACTIONS (LAW 634)Fall 2009-2010
Professor Wentong Zheng
University at Buffalo Law SchoolOffice: 618 OBrian Hall
Tel: 716-645-7968
Email: wentongz@buffalo.edu
Syllabus
Overview
This course surveys the law applicable to secured transactions in personal
property. This body of law includes primarily Article 9 of the Uniform CommercialCode (UCC), the Federal Bankruptcy Code, the Federal Tax Lien Act, and
miscellaneous state laws. The focus of the course is on Article 9 of the UCC, as revised
effective July 1, 2001.
The main goal of the course is to acquaint students with the fundamentals of
Article 9 of the UCC. The major subjects that will be explored in this course include: thescope of Article 9; creation of security interests (attachment); perfection of security
interests; priority of security interests; default and the foreclosure process; and treatmentof security interests in bankruptcy. To help students acquire a systems view of secured
credit, towards the end of the course we will briefly discuss security interests that are not
governed by Article 9.
Throughout the course students will learn not only the black-letter rules, but also
the commercial and policy justifications for such rules. By the end of the course, a
reasonably diligent student should be able to master the Article 9 rules frequently testedon state bar exams and, more importantly, understand the policies behind the rules.
Required Materials
We will useSecured Credit, A Systems ApproachbyLopucki and Warren (Sixth
Edition, Aspen Publishers) as the principal casebook and Commercial Law: Selected
Statutesby Warren and Walt (2009-2010 Edition, Foundation Press) as the statutory
supplement. Other statutory supplements can be used as long as they contain the official
UCC text and comments, the Bankruptcy Code, the Federal Tax Lien Statutes, and the
Uniform Fraudulent Transfer Act.
8/6/2019 Secured Transactions Syllabus Fall 2009
2/2
2
Optional Materials
Those who would like to use some learning aids are recommended to read
Understanding Secured TransactionsbyLawrence, Henning & Freyermuth (Fourth
Edition, LexisNexis). Those who would like to enhance their understanding of Article 9
through working on problem sets are recommended to readExamples & Explanations:Secured TransactionsbyBrook(Fourth Edition, Wolters Kluwer). Both books have
been put on course reserves and are available at the law library.
Class Meetings
The class will meet Mondays and Wednesdays from 2:00 pm to 3:30 pm, excepton holidays and breaks. Our classroom is 107. If a scheduled class meeting has to be
cancelled, we will schedule a make-up class.
Office Hours
My office hours will be 10:00-12:00 am Mondays and Wednesdays, except on
holidays and breaks. I will be in my office during my office hours (except for occasionalabsences necessitated by things such as faculty meetings). Feel free to stop by my office
outside of my office hours, too, but you will have a much greater chance of catching me
if you come during my office hours. For those of you who would like to make sure that Iwill absolutely be in my office when you come, both during and outside of my office
hours, please send me an email in advance to make an appointment.
Reading Assignments
Reading assignments for each class will be posted in a separate document to be
uploaded to UB Learns at least one week in advance of the class. The assignments may
include supplemental materials not found in the casebook and the statutory supplement,such as additional cases, law review articles, and problem sets.
Grades
Your grade for this course will be determined solely by your performance on the
final exam. The format of the final exam will be announced at a later time.
Recommended