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 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).
Monday, September 29: Here are powerpoint slides for Assignment 7 and partial ones for Assignment 8 (through class on Monday, Sept. 29). Slides for previous classes are available via the Presentations link.
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, September 24. Assignment 7 (Perfection by Possession) and Problem Set 7
Friday, September 26. First Multiple Choice Question due (last names A to E)
Tuesday, September 30. Assignment 8 and Problem Set 8.
Wednesday, October 1. Assignment 9 (Temporary Perfection and Perfection as to Proceeds) and Problem Set 9.
Friday, October 3. First Multiple Choice Question due (last names G to R)
Monday, October 4. Assignment 10 (Priority: Secured Party vs. Secured Party) and Problem Set 10.
Tuesday, October 5. Assignment 10 and Problem Set 10.