WebCredenza 2025 Secured transactions/UCC 9 masterclass: Soup to nuts, part 1

Secured transactions are the most common form of commercial transaction and help finance businesses of every size.  They are governed by the complex provisions of UCC Article 9. Getting every detail in financing statements, security agreements, and perfection of credits is essential. Agreements can be costly and time consuming to draft, and full of risk. Failure to comply with UCC Article 9 in drafting security agreements, perfecting a creditor’s interest, or foreclosing a lien can easily cause the value of the underlying transaction to be lost.  This program will provide you with a real-world guide UCC Article 9 practice.

Part 1:

• Lifecycle of UCC Article 9 secured transactions
• Drafting cost-effective and enforceable security agreements
• What to do when something about the debtor changes – e.g., name, location, ownership
• Accounts receivable, inventory, equipment, intellectual property
• Anti-assignment provisions regarding collateral
• Enhancing enforceability of security agreements and reduce risks in foreclosure

Part 2:

• Framework for the foreclosure of personal property under UCC Article 9
• Foreclosing on equipment, inventory, intellectual property, and accounts receivable
• Duties of junior creditors to senior creditors on foreclosure
• Rights to proceeds of foreclosure sales and reducing foreclosure costs
• Rights of guarantors
• Debtor remedies in the event of a secured party default
• Cost-efficient alternatives to foreclosures and circumstances when these alternatives are available

This program may be offered on multiple dates. You may only claim MCLE credit for one showing. 

Opinions and positions stated by presenters of MoBarCLE programs are those of the presenters and not necessarily those of The Missouri Bar. This program is intended as information for lawyers in Missouri, in conjunction with other research they deem necessary, in the exercise of their independent judgment.