Spring 2021
Randal
C. Picker
James
Parker Hall Distinguished Service Professor of Law
The
Learning Outcomes Include:
· Be familiar with the general approaches to the study of law and legal reasoning.
· Demonstrate the ability to identify and understand key concepts in substantive law, legal theory, and procedure.
· Demonstrate an understanding of the interdisciplinary nature of law and the contributions that other disciplines can make to the study of law.
Other Materials: Exam 08; Rubric 08; Exam 14; Rubric 14; Exam 15; Rubric 15; Illinois UCC 9
Date |
# |
Topics/Issues |
Cases/Materials |
Pages |
Statutes |
Slides |
M, 3/29 |
1 |
What is a Security Interest? |
Clark |
(Background: 1-4, 15-33), 34-41 |
1-201(b)(35), 9-101, 9-102(a)(12,28,73,74), 9-109(a), 9-201, 9-202, 9-203(a,b), 9-408(c); 9-108, 9-203(a,b) |
Slides
|
W, 3/31 |
2 |
Attachment: Authenticated Security Agreement; Description of the Obligation Secured |
Bollinger, Caterpillar Financial Duckworth |
41-60 |
9-102(a)(28), 9-108, 9-204(a) |
|
Th, 4/1 |
3 |
Attachment: Description of the Collateral |
Baldwin, Shelby County, Helms |
61-78 |
|
|
M, 4/5 |
4 |
Attachment: Rights in the Collateral |
Bryan Bros. Cattle, Moglia |
79-95 |
||
W, 4/7 |
5 |
Perfection: Collateral Categorization |
Bean Timberland, 11 East 36th, Commercial Money Center I |
97-117 |
9-308(a,c), 9-310, 9-312(a,b), 9-313(a,c) |
|
Th, 4/8 |
6 |
Perfection: Debtor’s Name |
Tyringham Holdings, Jim Ross Tires, PTM Technologies, ISC, Bryan Bros. Cattle, Nay |
118-142 |
9-502, 9-503, 9-506 |
|
M, 4/12 |
7 |
Perfection: Creditor’s Name |
Copper King, Oak Rock Financial |
143-62 |
9-108, 9-504 |
|
W, 4/14 |
8 |
Perfection: Description Requirement |
Thorp Commercial, ProGrowth, I80 Equipment, |
162-184 |
9-312(a,b)) |
|
Th, 4/15 |
9 |
Perfection: Possession and Control |
Commercial Money Center II, Benedict, Counceller, Fewell |
184-213 |
9-104, 9-203(b)(3)(D), 9-312(b)(1), 9-313(a,c), 9-314 |
|
M, 4/19 |
10 |
Priority: Introduction, Theory and Mechanics |
Foos, Caterpillar Financial, Hilyard |
219-234 |
9-308(a,c), 9-317, 9-322, 9-339, 9-515(a,c,d) |
|
W, 4/21 |
11 |
Priority: Mechanics/Its Nature and Its Limits |
The Computer Room, Mudge, Grede |
234-257 |
9-317, 9-339, 9-401, 9-610 |
|
Th, 4/22 |
12 |
Priority: Purchase Money Security Interests |
MBank Alamo, Billings |
258-276 |
9-102(a)(24), 9-103, 9-317(e), 9-324 |
|
M, 4/26 |
13 |
Proceeds: Introduction |
Karle, 1st Source Bank |
287-300 |
9-102(a)(9,12,58, 64), 9-203(f), 9-315, 9-322(c –f), 11 USC 552(a, b(1)) |
|
W, 4/28 |
14 |
Cont. |
Tracy |
311-322 |
|
|
Th, 4/29 |
15 |
Transfers of Property |
Diamond Walnut, Tusa, Bean Timberland |
322-344 |
9-322(c – f), 9-327, 9-332, 9-320, 9-321, 9-325 |
|
M, 5/3 |
16 |
Changes: Location and Choice of Law Issues |
SemCrude |
347-364 |
1-301 & 302,
9-301, 9-304, 9-307, 9-316 |
|
W, 5/5 |
17 |
Changes: Debts and Debtors |
Zartman, Bryan Bros., Fretz |
365-384 |
9-102(a)(72), 9-204, 9-310(c), 9-323, 9-502(a)(2), 9-503(d), 9-514 |
|
Th, 5/6 |
18 |
Changes: Names and Entity Structure |
Patriot Electric, Summit Staffing, Kupperman |
385-405 |
9-102(a)(56,60), 9-203(d,e), 9-325, 9-326, 9-507,
9-508 |
|
M, 5/10 |
19 |
Changes: Financing Statements |
Motors Liquidation (x3) |
405-422 |
9-512, 9-513 |
|
W, 5/12 |
20 |
Default and its Consequences |
Williams, Salisbury, Harley-Davidson |
423-440, 449-461 |
9-601 to 9-603, 9-609, 9-607 to 9-611, 9-615, 9-617,
9-620, 9-623, 9-625 to 9-628 |
|
Th, 5/13 |
21 |
The Limits of Article 9: Intellectual Property |
Cybernetic Services, Aerocon |
469-497 |
9-109(c)(1), 9-311 |
|
M, 15/17 |
22 |
The Limits of Article 9: Characterization Problems |
Kentucky Highlands, CMC |
507-530 |
9-109(a)(3), 9-109(d)(10), 9-309(3,4), 9-318, 9-332, 9-340, 9-341 |
|
W, 5/19 |
23 |
Security Interests Near and In Bankruptcy |
614-629 |
|||
Th, 5/20 |
24 |
Review |