Law 426 - Advanced Secured Transactions

Seminar Description

Advanced Secured Transactions (Law 426) is a seminar that offers students the opportunity to explore features of personal property security law and real property security law that are not addressed or only superficially addressed in survey courses in these areas. The seminar is divided into two parts:

Part 1 covers a selection of secured transactions topics, to be presented by the professor and discussed among group members. These topics include, without limitation: fixtures, accessions & commingled goods, special issues pertaining to agriculture (namely, after-acquired crops, enforcement against farm equipment & production money security interests), special issues pertaining to purchase money security interests (namely, cross-collateralization, refinancing & consolidation), negotiable collateral & debtor-initiated payments, chattel paper & accounts financing, allocation of payments, time of priority determination, time of perfection in relation to bankruptcy, taxation priorities, security interests in licences and conflict of laws. Students will be evaluated on these select subjects through an open book in-class quiz administered near the end of the semester. Select substantive coverage varies for each offering of the seminar.

Part 2 requires each student to select a research paper topic early in the semester, complete a minor paper on that topic, and then present the minor paper to the group near the end of the semester, leading discussion during a brief question and answer period. 

Class Prize Winners

Éric Turcotte, 2021-22; Billy Cowitz, 2019-20