Law 303 - Secured Transactions in Personal Property

Course Description

Secured Transactions in Personal Property (Law 303) explores the law of personal property security finance in common law Canada. The course introduces and broadly critiques the policy and economic implications of secured finance as an institution, and in so doing identifies the core values reflected, and interests protected, under this form of regulated financial activity. Students must draw on this foundational knowledge to comprehend and critically examine the technical workings of the provincial Personal Property Security Act (PPSA) and the special security regime of the federal Bank Act. The course examines the interrelated concepts of, and mechanisms for, attachment, perfection, priority and enforcement under the PPSA, and then examines the distinctive and overlapping governance of Bank Act security. Incompatibilities between the two regimes are highlighted. Select case law furnishes a contextual framework, throughout the course, for the interpretation and application of the relevant legislation. 

Class Prize Winners

Shane Collins and Kaden Nilson, 2023-24; Emma Ashworth, 2021-22; Shay Brehm, 2019-20; Michael Marschal, 2018-19; Cory Kapeller, 2017-18; Braeden Pivnick, 2016-17; Janelle Souter, 2015-16; Justin Stevenson, 2014-15