LAWS6682 · Law

Commercial Law: Secured Transactions

Boston College Law School

A massive amount of commercial and consumer transactions involve taking personal property as collateral. Article 9 of the Uniform Commercial Code governs nearly all of these. From car loans, to multi-billion-dollar subprime mortgage lending. From restaurant equipment, to commercial and private jets. From nonprofit hospitals, to crypto-assets. And from financing business day-to-day operations, to the largest leveraged buyouts. Article 9 is at the center of it all. We will study Article 9 extensively, as well as certain other statutes. The goal is to learn technical reading of the statute -- and statutes in general -- and practical implementation of this for lending lawyers. In addition to the traditional types of collateral, we will also look at increasingly important types of collateral such as intellectual property, certain financial instruments, and specialized contracts that are core to the healthcare industry.