in
Advanced Search
transcript   Transcript

2011 Practice Highlights: A. Purchase Money Security Interest (PMSI) and Consignment Transactions; B. Default and Enforcement; C. Bankruptcy

Recorded on: Jan. 20, 2011
Running Time: 01:37:36

Full Transcript:


Transcripts of selected programs may be accessed by Privileged Members. If you are a member, please log in. If you are not a member, please consider having your firm join. Or become an Individual Member.

To access the streaming media of this presentation, please purchase the corresponding seminar segment.

Taken from the Web Program Secured Transactions 2011: What Lawyers Need to Know about UCC Article 9 recorded January, 2011 in New York.

Lecture Topics  [01:37:36]

2011 Practice Highlights: A. Purchase Money Security Interest (PMSI) and Consignment Transactions; B. Default and Enforcement; C. Bankruptcy  [01:37:36]

A. Purchase Money Security Interest (PMSI) and Consignment Transactions

  • What is a PMSI?
  • What is an Article 9 consignment?
  • What duties are imposed on consignors?
  • UCC priority rules for a PMSI
  • What is a PMSI in inventory and what rules apply?
  • When are goods inventory?

B. Default and Enforcement

  • Planning an exit strategy
  • Has there been a default?
  • Collecting deposit accounts
  • Repossession and landlord waivers
  • Intellectual property collateral
  • LLC and limited partnership interests
  • Judicial or nonjudicial enforcement?
  • The commercially reasonable sale
  • Public vs. private sale
  • The secured party’s right to buy in
  • Debtor remedies for noncompliance
  • Foreclosures

C. Bankruptcy

  • § 544
  • § 552
  • Preference
  • § 362
The purchase price of this Web Program segment includes the following article from the Course Handbook available online:
  • An Introduction to Purchase Money Security Interests and Consignments
    Kenneth J. Carl
  • In Re Commercial Money Center, Inc. -- Fractionalizing the Collateral
    Sandra Stern
  • Perfecting a Security Interest in a New York Cooperative Apartment
    Sandra Stern
  • Restructuring Basics or How to Get the Nut Back on the Bolt
    Penelope L. Christophorou
Print Share Email
Transcript FAQ's
  • How Can I Access Transcripts?
    You must be a Member in good standing.
  • Can I access the Video?
    Yes, you can access the video if you have the Adobe Flash plugin installed. Click on the video camera icon when you mouse over each paragraph. The media will begin playback at that point.
  • Can I get CLE credit?
    Yes, you can get CLE credit by watching the full web segment and your time will be tracked in six minute intervals (like any other PLI Web Segment). Please note: CLE credit will not be granted for only reading the transcript.
  • FOLLOW PLI:
  • RSS
  • facebook
  • twitter

All Contents Copyright © 1996-2013 Practising Law Institute. Continuing Legal Education since 1933.