This program is no longer active, however there are other versions of this program in which you may be interested.

2020 LLC/Partnerships Interests: Collateral, Pledges, & Security Interests, 10/23/2020 12:00:00 AM CDT, Self-Study More info »
Not Found
Advanced CLE

2020 LLC/Partnerships Interests: Collateral, Pledges, & Security Interests


Total Credits: 1.2 MCLE, 0.0 Kansas Credit

Practice Area:
Commercial / Collections / Consumer
License:
Access for 1 year(s) after program date.

Dates

Price


Description

LLC members, partners and S Corp shareholders frequently pledge their ownership stakes as collateral to fund their businesses or for personal purposes. Taking and perfecting a security interest in an ownership stake involves a complex set of choices and processes under UCC Article 9 and Article 8, federal securities law and organizational law, each implying risk and limitations on the secured party.  This program will provide you with a practical guide to taking and perfecting a security interest in a partnership, LLC or S Corp ownership stake, the practical remedies and choices available to secured parties on foreclosure, how to circumvent certain restrictions, and the impact of non-UCC law on taking a security interest.

  • How to take a security interest in partnership, LLC or S Corp ownership stake
  • Relationship of Article 9 and Article 8, defining security interests in securities and investment properties
  • Methods and mistakes in perfecting the security interest
  • Restrictions on assignment and methods to circumvent
  • Rights of secured parties, including the right buy, and foreclose strategies and traps
  • Securities law and non-UCC legal issues

Materials

Cancellation Policy

Click HERE to review the Cancellation Policy.

Please wait ...

Back to Top