TreatiseTreatise

Documenting Secured Transactions: Effective Drafting and Litigation (2nd Edition)

 by Hon. William C. Hillman
 
 Copyright: 2002-2013
 Last Updated: May 2013

 Product Details >> 

Product Details

  • ISBN Number: 1402401426
  • Page Count: 410
  • Number of Volumes: 1
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"[Documenting Secured Transactions is] the definitive guidebook on documenting secured transactions.” 
 —Commercial Law Bulletin


Given today’s turbulent lending environment and the certainty of more regulation in this volatile area in the very near future, reliable and accessible information on how to execute effective secured deals is valued now more than ever.

PLI’s Documenting Secured Transactions: Effective Drafting and Litigation provides you with that rock-solid, readable guidance. Written by a renowned expert in the field, Documenting Secured Transactions gives you a working grasp of the legal, technical, and business aspects of these deals, enabling you to understand the features, scope, and aims of security agreements and financing statements.

Documenting Secured Transactions helps you to draft precise, problem-free security agreements and financing statements that protect clients and minimize disputes, whether you’re the lender’s or borrower’s attorney. You’ll be able to handle transactions with greater ease and at less cost; avoid documentation pitfalls that can undermine deals; and proceed wisely in those unsettled areas of the law where the various courts may be in conflict.

Updated at least once a year, Documenting Secured Transactions: Effective Drafting and Litigation is an indispensable guidebook for attorneys and all other professionals and participants involved in secured transactions.

  Preface to the Second Edition; And Preface; And Potential Coming Attractions
Chapter 1: Introduction
Chapter 2: Pleading and Proving a Prima Facie Case
  • § 2:1 : Introduction2-1
  • § 2:2 : Agreement2-2
    • § 2:2.1 : The Instrument2-2
    • § 2:2.2 : Secured Party2-2
    • § 2:2.3 : Debtor2-3
  • § 2:3 : Obligation2-3
  • § 2:4 : Collateral2-3
    • § 2:4.1 : Identification2-4
    • § 2:4.2 : Ownership2-4
    • § 2:4.3 : Perfection2-4
    • § 2:4.4 : Priority Among Competing Interests2-5
  • § 2:5 : Default2-5
Chapter 3: Scope
  • § 3:1 : Introduction3-2
  • § 3:2 : Subrogation Rights3-3
  • § 3:3 : Bailment for Use or Processing3-4
  • § 3:4 : Seller’s Right of Reclamation3-4
  • § 3:5 : Reserve Accounts, Deposits, and Similar3-4
  • § 3:6 : Consignments3-5
    • § 3:6.1 : Cases Prior to the Revision3-6
  • § 3:7 : Assignments for the Benefit of Creditors3-8
  • § 3:8 : Leases3-8
  • § 3:9 : Liquor Licenses3-11
  • § 3:10 : Sale of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes3-11
  • § 3:11 : Specific Exclusions for Secured Transactions3-15
    • § 3:11.1 : Federal Preemption3-16
      • [A] : Aircraft3-16
      • [B] : Ships3-17
      • [C] : Patents3-17
      • [D] : Trademarks3-20
      • [E] : Copyrights3-22
      • [F] : Vehicles Used in Interstate Commerce; Railroad Rolling Stock3-24
      • [G] : Treasury Securities3-24
      • [H] : Government Title Retention3-24
      • [I] : Federal Prohibition of Pledge3-24
    • § 3:11.2 : Landlord’s Lien3-26
    • § 3:11.3 : Other Statutory Liens3-27
      • [A] : Mechanics Liens3-27
      • [B] : Non-Possessory Liens3-27
      • [C] : Agricultural Liens3-27
    • § 3:11.4 : Wage Claims3-27
    • § 3:11.5 : Governmental Transfers3-28
    • § 3:11.6 : Insurance Policies3-28
    • § 3:11.7 : Judgments3-30
    • § 3:11.8 : Setoff3-31
    • § 3:11.9 : Interests in Real Estate3-34
    • § 3:11.10 : Transfers of Tort Claims3-38
    • § 3:11.11 : Deposit Accounts3-39
      • [A] : Cases Prior to the Revision3-39
Chapter 4: The Basics
  • § 4:1 : Introduction4-1
  • § 4:2 : Agreement4-2
  • § 4:3 : Value4-4
  • § 4:4 : Rights in the Collateral4-4
  • § 4:5 : Validity4-7
  • § 4:6 : Perfection4-7
    • § 4:6.1 : Perfection Under the Revision4-8
    • § 4:6.2 : Perfection Before the Revision4-12
Chapter 5: The Documents
  • § 5:1 : Introduction5-1
  • § 5:2 : Security Agreement5-3
  • § 5:3 : Financing Statement5-11
Chapter 6: Required (If Desired) Provisions
Chapter 7: Future Advances
  • § 7:1 : Introduction7-1
  • § 7:2 : Necessity for Specific Language7-2
  • § 7:3 : The Relatedness Rule7-3
    • § 7:3.1 : Cases Prior to the Revision7-4
  • § 7:4 : Other Considerations7-6
Chapter 8: After-Acquired Collateral
Chapter 9: Identifying and Describing the Debtor
  • § 9:1 : The Owner Versus the “Owe-er”9-1
    • § 9:1.1 : Post-Revision Documents9-1
    • § 9:1.2 : Prior Documentation9-2
  • § 9:2 : Debtor’s Name9-4
    • § 9:2.1 : Individuals9-4
      • [A] : The Proposed 2010 Amendments9-5
    • § 9:2.2 : Registered Organizations9-7
      • [A] : The Proposed 2010 Amendments9-8
    • § 9:2.3 : Non-Registered Organizations9-8
    • § 9:2.4 : Estates and Trusts9-8
  • § 9:3 : Errors and Misnomers9-9
    • § 9:3.1 : Under the Revision9-9
    • § 9:3.2 : Prior Law9-13
      • [A] : Individual Names9-13
      • [B] : Entity Names Other Than Partnerships9-15
      • [C] : Trade Names; Partnerships9-17
Chapter 10: Subsequent Changes by the Debtor
  • § 10:1 : Change of Name10-1
    • § 10:1.1 : After the Revision10-1
    • § 10:1.2 : Cases Prior to the Revision10-2
  • § 10:2 : Incorporation10-4
    • § 10:2.1 : Pre-Revision Incorporation Cases10-5
  • § 10:3 : Change of Location10-8
Chapter 11: Debtor's Address
  • § 11:1 : Present Law11-1
  • § 11:2 : Prior to the Revision11-1
Chapter 12: Secured Party's Name
  • § 12:1 : Current Law12-1
  • § 12:2 : Prior to the Revision12-2
Chapter 13: Secured Party's Address
  • § 13:1 : Current Law13-1
  • § 13:2 : Prior to the Revision13-1
Chapter 14: Collateral Description--In General
  • § 14:1 : Introduction14-1
  • § 14:2 : Goods14-2
    • § 14:2.1 : Consumer Goods14-4
    • § 14:2.2 : Farm Products14-5
    • § 14:2.3 : Inventory14-7
    • § 14:2.4 : Equipment14-8
  • § 14:3 : Intangible Forms of Collateral14-10
    • § 14:3.1 : Chattel Paper14-10
    • § 14:3.2 : Documents14-11
    • § 14:3.3 : Instruments14-11
    • § 14:3.4 : Accounts14-12
    • § 14:3.5 : Commodity Contracts and Accounts14-13
    • § 14:3.6 : Other New “Intangible” Classifications14-14
    • § 14:3.7 : Security, Security Entitlements and Accounts14-15
    • § 14:3.8 : General Intangibles14-16
      • [A] : General Intangibles Cases14-16
  • § 14:4 : Agricultural Entitlement Programs14-22
  • § 14:5 : Other Agricultural Issues14-25
  • § 14:6 : Fixtures14-25
  • § 14:7 : Post-Agreement Change of Classification14-26
Chapter 15: Collateral Description--Security Agreement
  • § 15:1 : General Considerations1-1
  • § 15:2 : Generic and Other Broad Descriptions15-3
  • § 15:3 : Errors in Collateral Descriptions15-7
Chapter 16: Collateral Description--Financing Statement
  • § 16:1 : Current Law16-1
  • § 16:2 : Case Law16-2
Chapter 17: Crops As Collateral
  • § 17:1 : Simplification by the Revision17-1
  • § 17:2 : Prior to the Revision17-2
Chapter 18: Authorization; Signatures
  • § 18:1 : Effect of the Revision18-1
  • § 18:2 : Prior to the Revision18-2
Chapter 19: Priorities
  • § 19:1 : Introduction19-2
  • § 19:2 : The General Rule19-2
    • § 19:2.1 : Unperfected Security Interests19-2
    • § 19:2.2 : The Superior Rights of Purchase-Money Secured Parties19-3
      • [A] : Perfection of PMSIs19-4
    • § 19:2.3 : Priority As Against Lien Creditors19-5
    • § 19:2.4 : Priority Against Consignments19-5
    • § 19:2.5 : Priority Against Buyers in Ordinary Course19-5
    • § 19:2.6 : Priority Against Non-BIOCOB Buyers19-6
    • § 19:2.7 : Priority Against Possessory Liens19-6
  • § 19:3 : Special Classes of Collateral19-6
    • § 19:3.1 : Documents19-6
    • § 19:3.2 : Instruments19-7
    • § 19:3.3 : Chattel Paper19-7
    • § 19:3.4 : Investment Property19-7
    • § 19:3.5 : Deposit Accounts19-8
    • § 19:3.6 : Letter-of-Credit Rights19-9
  • § 19:4 : Proceeds19-9
    • § 19:4.1 : The Basics19-9
    • § 19:4.2 : General Priority Rules19-10
      • [A] : Proceeds of Inventory19-10
      • [B] : Money19-10
      • [C] : Where First-in-Time Rule Not Applicable19-11
      • [D] : Returned or Repossessed Goods19-11
    • § 19:4.3 : Statutory and Agricultural Liens19-11
    • § 19:4.4 : Unpaid Sellers19-12
    • § 19:4.5 : Fixtures19-12
    • § 19:4.6 : Manufactured Homes19-12
    • § 19:4.7 : Crops19-13
    • § 19:4.8 : Accessions19-13
    • § 19:4.9 : Commingled Goods19-13
    • § 19:4.10 : The Optional Provisions for Production-Money Security Interests19-14
  • § 19:5 : Conflicts with Federal Tax Liens19-14
Chapter 20: Amendments; Corrections
  • § 20:1 : Amendments Under the Revision20-1
  • § 20:2 : Amendments Prior to the Revision20-2
  • § 20:3 : Corrections20-2
Chapter 21: Continuations
  • § 21:1 : Prior to the Revision21-1
  • § 21:2 : Effect of the Revision21-6
  • § 21:3 : Aircraft Filings21-7
Chapter 22: Subordination
Chapter 23: Table of Authorities
Chapter 24: Index to Documenting Secured Transactions

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