This course deals in depth with the creation and perfection of security interests in personal property, priority of claims, and remedies upon debtors’ default under Article 9 of the Uniform Commercial Code.  In addition to full coverage of Article 9, the potential risks of the secured creditor under the Federal Bankruptcy Code are considered.  Substantial consideration is given to the policies and commercial equities which underlie doctrine in this area of law. (3 Credits)