Security Interests in Personal Property: Cases, Problems, and Materials

by Baird, Douglas G.; Jackson, Thomas H.; Picker, Randal C.

• ISBN13: 9781566624718
• ISBN10: 1566624711
• Edition: 3rd
• Format: Hardcover
• Copyright: 2002-09-01
• Publisher: West Academic

Summary

This law school casebook focuses on Article 9 of the Uniform Commercial Code, dealing with secured transactions in personal property. It incorporates and discusses recent revisions to the Code, which made the most significant changes in three decades. Part of the University Casebook Casebook Series®, it features expertly edited cases and problems for classroom discussion.

Table of Contents

Preface	iii
Table of Cases	xiii
Table of Statutes	xvii
Introduction	1	(39)
The Life of the Unsecured Creditor	2	(18)
Reading the UCC and Aids to Understanding	20	(2)
Creating and Perfecting Security Interests	22	(6)
Priority of Security Interests	28	(4)
Changes and Stale Information	32	(5)
Miscellaneous Matters	37	(3)
Attachment	40	(53)
The Idea of a Security Interest	41	(8)
The Requirement of an Authenticated Agreement	49	(13)
Description of the Collateral	62	(11)
Rights in the Collateral	73	(8)
Value	81	(1)
The Security Agreement	82	(11)
Perfection	93	(71)
Categorizing the Collateral	95	(10)
Requirement of the Debtor's Name	105	(10)
The Secured Creditor's Name	115	(6)
Identification of the Collateral	121	(12)
Perfection by Possession	133	(17)
Perfection Through Control	150	(8)
Miscellaneous Perfection Approaches	158	(6)
Priority	164	(63)
Rights Between Ordinary Secured Creditors	167	(28)
Continuity of Perfection and Priority	174	(4)
The Nature of Priority	178	(17)
Rights Between Secured and Unsecured Creditors	195	(13)
Purchase Money Security Interests	208	(19)
The Scope of the Purchase Money Security Interest	213	(7)
Refinancings and the Transformation of the PMSI	220	(7)
Proceeds and Transfers of Property	227	(23)
Proceeds	228	(19)
The Definition of Proceeds and Attachment of the Security Interest	230	(5)
Proceeds and Priority	235	(12)
Transfers	247	(3)
Changes	250	(54)
Changes of Location	251	(13)
After-Acquired Property and Future Advances	264	(16)
After-Acquired Property	265	(5)
Future Advances	270	(10)
Name Changes, Incorporations and Mergers	280	(24)
Name Changes	281	(6)
Incorporations	287	(6)
Mergers and Transfers	293	(11)
Default	304	(44)
Overview of Default Rights	305	(4)
Repossession Under 9-609: The Breach of the Peace Limit	309	(20)
9-610 and the Commercially Reasonable Sale	329	(14)
Retention of Collateral Under 9-620	343	(5)
The Limits of Article 9	348	(79)
9-109 and Excluded Areas	348	(31)
Intellectual Property	348	(25)
Set-Off Rights	373	(6)
Characterization Problems and Excluded Transactions	379	(23)
Included Transactions: Sales of Accounts and the Like and Securitization	402	(25)
Security Interests and Interests Arising Outside Article 9	427	(27)
State Liens	427	(2)
Federal Tax Liens	429	(12)
Fixtures	441	(13)
The Secured Creditor in Bankruptcy	454	(27)
Overview of Key Bankruptcy Code Provisions	454	(3)
Trustee Avoiding Powers	457	(13)
The Trustee as Ideal Lien Creditor	458	(1)
Preferences in Bankruptcy	459	(6)
The Article 9 Floating Lien in Bankruptcy	465	(5)
Valuation and its Consequences	470	(11)
Index	481