Secured Transactions
Class Assignments

Fall Semester 2013

Monday, August 19. Assignment #1 (Remedies of Unsecured Creditors Under State Law), pages 3-21. Problems 1.1, 1.2, 1.3, 1.4, 1.5.

Tuesday, August 20. Complete Assignment #1, begin Assignment #2 (Security and Foreclosure), pages 22-39. Problems 2.1. 2.2, 2.3, 2.4, 2.5, 2.6, 2.8.

Wednesday, August 21. Complete Assignment #2. Time permitting, begin Assignment #3 (Repossession of Collateral). [If you use the Understanding Secured Transactions text as a supplement, read Chapter 18.01.]

Monday, August 26. We will complete Assignment #3 on Repossession and Self-Help.  Problems for class discussion include Problem 3.1, 3.3, 3.5, 3.6, 3.9, and 3.10. [Understanding Secured Transactions Ch. 18.01.]

Tuesday, August 27.  We will briefly discuss Assignment #4 (Judicial Sale) and then begin Assignment #5 (Article 9 Sale and Deficiency).  Problems for class discussion include Problems 4.1, 4.2, 4.3, and all of the problems in Problem Set 5. [Understanding Secured Transactions Ch. 18.02 through 18.05.]

Wednesday, August 28.  Assignment #5.  Problems 5.1 through 5.8. [Understanding Secured Transactions Ch. 18.02 through 18.05.]

Monday, September 2. Labor Day Holiday (No Class Meeting)

Tuesday, September 3. Continue Assignment #5.

Wednesday, August 28.  Assignment #5.  Problems 5.1 through 5.8. [Understanding Secured Transactions Ch. 18.02 through 18.05.]

Monday, September 2. Labor Day Holiday (No Class Meeting)

Tuesday, September 3. Continue Assignment #5.

Wednesday, September 4. Complete Assignment #5.

Friday, September 6. First Multiple Choice Question due (Bakula through Finley)

Monday, September 9. Assignment #6 (Bankruptcy and the Automatic Stay). Problems 6.1 through 6.6 [Understanding Secured Transactions Ch. 16.01 through 16.03]

Tuesday, September 10. Complete Assignment #6, then begin Assignment #7 (Bankruptcy and the Treatment of Secured Creditors). Problems 7.1 through 7.4, 7.6, 7.7. [Understanding Secured Transactions Ch. 16.01, 16.02]

Wednesday, September 11. Complete Assignment #7, then begin Assignment #8 (Creation of Security Interests: Formalities for Attachment). Problems 8.1 through 8.5. [Understanding Secured Transactions Ch. 2.01, 2.02]

Friday, September 13. First Multiple Choice Question due (Galbraith through Klaus)

Monday, September 16. Assignment #8.

Tuesday, September 17. Complete Assignment #8 and begin Assignment #9 (Creation of Security Interests: Collateral Description; After-Acquired Property; Future Advances). Problems 9.1, 9.2, 9.4, 9.5, 9.6, 9.7. [Understanding Secured Transactions Ch. 1.04, 3.01 to 3.03]

Wednesday, September 18. Complete Assignment #9. Time permitting, begin Assignment #10 (Creation of Security Interests: Proceeds and "Value Tracing"). Problems 10.1 through 10.6. [Understanding Secured Transactions Ch. 2.03]

Friday, September 20. First Multiple Choice Question due (Lee through Rosenfelder)

Monday, September 23. Assignment #10 (Creation of Security Interests: Proceeds and "Value Tracing"). Problems 10.1 through 10.6. [Understanding Secured Transactions Ch. 2.03]

Tuesday, September 24. Complete Assignment #10, then begin Assignment #11 (Tracing Collateral Value During Bankruptcy). Problems 11.1 through 11.4. [Understanding Secured Transactions Ch. 16.06]

Wednesday, September 25. Complete Assignment #11, begin Assignment #12 (The Legal Limits on What May Be Collateral). Problems 12.1 through 12.5. [Understanding Secured Transactions Ch. 1.04, 1.07]

Friday, September 27. First Multiple Choice Question due (Scott through Thompson)

Monday, September 30. Complete Assignment #12.

Tuesday, October 1. Assignment #16 (Perfection: The Personal Property Filing Systems). Problems 16.1 through 16.5 [Understanding Secured Transactions Chapters 4 and 5]

Wednesday, October 2. Complete Assignment #16. Begin Assignment #17 (Perfection by Filing: The Debtor's Name on the Financing Statement) [Understanding Secured Transactions Chapter 5]

Friday, October 4. Second Multiple Choice Question due (Bakula through Finley)

Monday, October 7. Assignment #17. Time permitting, begin Assignment #18 (Perfection by Filing: Article 9 Financing Statements — Other Information) [Understanding Secured Transactions Chapter 5]

Tuesday, October 8. Assignment #18 (Perfection by Filing: Article 9 Financing Statements — Other Information) [Understanding Secured Transactions Chapter 5]

Wednesday, October 9. Finish Assignment #18, then begin Assignment #19 (Perfection by Possession, Control, or Automatic Perfection) [Understanding Secured Transactions Chapters 6 and 7, as well as Chapter 1.04[B], [C], and [D]]

Friday, October 11. Second Multiple Choice Question due (Galbraith through Klaus)

Monday, October 14. Assignment #19 (Perfection by Possession, Control, or Automatic Perfection) [Understanding Secured Transactions Chapters 6 and 7, as well as Chapter 1.04[B], [C], and [D]].

Tuesday, October 15. Complete Assignment #19, then begin Assignment #22 (Maintaining Perfection Through Lapse and Bankruptcy) [Understanding Secured Transactions Chapter 5.06]

Wednesday, October 16. Complete Assignment #22, then begin Assignment #23 (Maintaining Perfection Through Changes of Name, Identity, and Use) [Understanding Secured Transactions Chapter 5.03[C][2], Chapter 8.02

Friday, October 18. Second Multiple Choice Question due (Lee through Rosenfelder)

Monday, October 21. Assignment #23.

Tuesday, October 22. Complete Assignment #23, then begin Assignment #24 (Maintaining Perfection Through Relocation of the Debtor or the Collateral) [Understanding Secured Transactions Chapter 9]

Wednesday, October 23. No Class Meeting

Friday, October 25. Second Multiple Choice Question due (Scott through Thompson)

Monday, October 28. Complete Assignment #24, begin Assignment #25 (Maintaining Perfection in Titled Goods Under Certificate of Title Statutes) [Understanding Secured Transactions §§ 4.02[F], 9.03, 9.04]

Tuesday, October 29. [Lunch and Make-up Class at 1:00 in Room 6; Regular Class Meeting at 2:00] Assignment #25, Assignment #26 (The Concept of Priority: State Law), and Assignment #32 (Priority Between Conflicting Secured Parties) [Understanding Secured Transactions Chapter 10]

Tuesday, October 29. [Lunch and Make-up Class at 1:00 in Room 6; Regular Class Meeting at 2:00] Assignment #25, Assignment #26 (The Concept of Priority: State Law), and Assignment #32 (Priority Between Conflicting Secured Parties) [Understanding Secured Transactions Chapter 10]

Wednesday, October 30. Complete Asignment #32.

Friday, November 1. Third Multiple Choice Question due (Bakula through Gentry)

Monday, November 4. Begin Assignment #28 (Priority: Secured Party v. Lien Creditor) and Assignment #30 (Priority: Secured Party v. Bankruptcy Trustee). [Understanding Secured Transactions Chapters 14, 16.04[B]]

Tuesday, November 5. Complete Assignments #28 and #30, then begin Assignment #29 (Secured Party v. Lien Creditors: Future Advances).

Wednesday, November 6. Complete Assignment #29, then begin Assignment #36 (Priority: Secured Party vs. Buyer) [Understanding Secured Transactions Chapter 11]