This is the webpage for Professor Freyermuth's Fall Semester 2014 Secured Transactions course. Classes meet this semester on Monday, Tuesday, and Wednesday from 3:30 p.m. to 4:20 p.m. in Classroom 5. Current Assignments can be found below; prior assignments are archived via the Assignments link above.

Current Announcements

Current and Upcoming Assignments

Here is the Syllabus for the Secured Transactions course, which includes information regarding required texts and course requirements.

Required books: Lawrence, Henning & Freyermuth, Understanding Secured Transactions (5th ed. 2012); Selected Commercial Statutes (ThomsonWest) (you can use either a 2014 edition, a 2013 edition, or a 2012 edition — any of the three will be fine).

Wednesday, December 3: Here are powerpoint slides for Assignment 20, Assignment 21 and Assignment 22 (Land, Fixtures, Accessions) and Assignment 23 (Bailments and Leases). Slides for previous classes are available via the Presentations link.

Here are some sample essay questions used on previous exams in the course, which are representative of the style of questions you can expect on the final exam.

Tuesday, October 14. Here is a question/answer memo for Assignment 11, which includes the explanation for Problem 7 in the Problem Set, which explains the application of § 9-323(d). I'll update the memo if I receive additional questions on Assignment 11.

Tuesday, September 9: Here are a couple of follow-up questions (and answers) that came up after Monday's class regarding cash proceeds and the lowest intermediate balance rule. [I'll update the memo if there are further questions about the material in Assignment 3.]

Q&A memos for previous Assignments can be found on the Q&A Memos link.

Friday, August 29: Apropos of the discussion in class on Wednesday about whether it is plausible that buyers at a sheriff's sale might be so informed as to not realize the property being sold is subject to prior liens (and thus those buyers might overbid), here's a decision from last week from the Supreme Court of Washington in which the court refused to allow a sheriff's sale purchaser to withdraw their bid when they discovered, after the fact, that the property was subject to a substantial security interest. So ... yes, it happens!

Thursday, August 28: Here are memos with some questions (and my answers) that came up after class regarding Assignment 1 and another for Assignment 2 (since we aren't done with Assignment 2, I'll supplement this memo with more questions as I get them).

Prior assignments are archived via the Assignments link.

Wednesday, November 12. Assignment 19 and Problem Set 19.

Friday, November 14. Third Multiple Choice Question due (last names F to R)

Beginning Monday, Nov. 17, class each day will run until 4:30 pm

Monday, November 17. Complete Assignment 19 and Problem Set 19, then begin Assignment 20 and Problem Set 20 (Default: Repossession)

Tuesday, November 18. Complete Assignment 20 and Problem Set 20, then begin Assignment 21 and Problem Set 21 (Default: Foreclosure Sales, Deficiency Judgments, Strict Foreclosure)

Wednesday, November 19. Assignment 21 and Problem Set 21.

Friday, November 21. Third Multiple Choice Question due (last names S to Z).

November 24-28. Thanksgiving Break (No Class Meetings)

Monday, December 1. Complete Assignment 21 and Problem Set 21. Begin Assignment 22 and Problem Set 22 (Land-Related Collateral, Fixtures, and Accessions)

Tuesday, December 2. Complete Assignment 22 and Problem Set 22. Begin Assignment 23 (Leases and Bailments) and Problem Set 23

Wednesday, December 3. Assignment 23 and Problem Set 23