UCC Secured Transactions: Fundamentals, Rules and Enforcement Issues Explored
Secured transactions are an important feature of the US law and economy. The rules set forth by the Uniform Commercial Code (UCC) that harmonizes the law of sales and other commercial transactions across the United States, assure lenders of legal protection in case of problems, which in turn encourages lower interest rates for borrowers.
Join a panel of key thought leaders and practitioners assembled by The Knowledge Group as they bring the audience to a road beyond the basics of the Uniform Commercial Code and as they delve into an in-depth analysis of the recent updates and enforcement issues involving UCC secured transactions. Speakers will also provide the audience with practical strategies for enforcement while overcoming legal issues and pitfalls.
In this LIVE Webcast, the speakers will discuss:
- UCC Article 9
- Legal Overview
- Recent Amendments
- UCC and the US Copyright Act - Illustrative Example
- Motion Picture Area, including under National Peregrine Case
- Requirements for Security Agreement
- Perfection and Priority Rules
- Lessons from Significant Court Decisions
- Pitfalls Encountered when Competing Liens and Hidden Liens
- Best Practices
Marc L. Roark, Professor of Law
Savannah Law School
- Difficult Collateral Under Article 9
- Electronic Currencies
- CryptoCurrency and non-traditional currencies - what they are and how are they treated
- Lease Arrangements
- Series LLC Businesses.
- Case law that matters for U.C.C. practitioners
Mr. Gary O. Concoff, Partner
Rufus-Isaacs, Acland & Grantham LLP
- A summary of the general rules regarding perfection under the UCC.
- General coverage of conflict of laws rules
- Key aspects of UCC-1 practice, need for specificity as to collateral Rule regarding extension of perfection usually beyond 5 years;
- While UCC is generally applicable, differences can apply state by state.
- The special rule regarding the “stepback” arrangement as to US Copyright
- 204 205 and “stepback” language & Division 9 and secured transactions w. CryptoCurrency
- Issues which are encountered in the process
- What is the FTC up to?
- Ongoing commitment to challenging reverse payment agreements (bipartisan support historically)
- Desirability of filing a UCC-1 (In addition to recording etc. under Copyright Act) in applicable state(s) since non-copyright assets might be involved
Who Should Attend:
- Lenders and Borrowers
- Secured Transactions Professionals
- Finance Reporting Professionals
- Debt Collection Professionals
- Lending Professionals
- Commercial Finance Professionals
- Other Related and Interested Professionals
Extensive experience in negotiation, documentation and structuring of transactions involving production and distribution of film. Particular expertise in financing aspects, including both equity investments and lending in the motion picture field (including under the UCC and U.S. Copyright Act), representing investors, lenders (including numerous banks), producers and distributors. Recently named “Outstanding Practitioner of the Year” by the UCLA Anderson School of Management; rated AV® Preeminent™ 5.0 out of 5 by Martindale-Hubbell and 10.0 (Superb) by Avvo.com. From 1980 through 1982 taught “Motion Picture Transactions” at UCLA Law School. Founder, first co-chair and frequent speaker at Annual UCLA Entertainment Symposium. Chairman, ABA Motion Picture and Television Division, Forum Committee on Sports and Entertainment Industries (1987-1992)
Law review article “Motion Picture Secured Transactions Under the Uniform Commercial Code: Problems in Perfection,” 13 UCLA Law Review 1214
Secured transactions. Counsel for appellant in: In re National Peregrine, Inc., et al. v. Capital Federal Savings (11 UCC Rep. Serv.2d 1025).
UCLA (B.S., Business Administration-Accounting)
Harvard Law School (LL.B.)
Extensive experience in negotiation, documentation and structuring of transactions involving production and distribution of film. Particular expertise in financing aspects, …
Marc Roark is professor at Savannah Law School. He teaches and writes in the areas of Property, Housing, Commercial Law, and Payments Law. He has published articles in the Duke Law and Tech Review, Cornell Journal of Law and Public Policy, St. Johns Law Review and others. He is also Co-Author of Color Me Secured, a coloring book on Secured Transactions and is author of a forthcoming book from Cambridge University Press on Housing.
Marc Roark is professor at Savannah Law School. He teaches and writes in the areas of Property, Housing, Commercial Law, …
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About Rufus-Isaacs, Acland & Grantham LLP
Rufus-Isaacs, Acland & Grantham LLP is a California law firm with offices in Beverly Hsills. The partners are Alexander Rufus-Isaacs, Bill Grantham and Gary O. Concoff. David Lewis, Judith Karfiol and Paul D. Supnik are Of Counsel to the firm. They are all admitted to practice law in California. Three of them were born in the United Kingdom or the Republic of Ireland, and two of them are qualified as barristers in England and Wales. They have many years of experience in their respective fields, and have practiced with some of the world’s leading law firms.
Their focus is on litigation, entertainment/media, intellectual property, general business/commercial, real estate and insurance.
For more information, please visit https://www.rufuslaw.com/
About Savannah Law School