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 The instructor
for this course is Robert M Lloyd. Professor Lloyd came to the UT College of Law
in 1983 after a successful career in commercial law with the Los Angeles firm of
Sheppard, Mullin, Richter & Hampton. He helped
to develop UT's new concentration in business transactions and served as
the first director of the college's Center for Entrepreneurial Law.
Professor Lloyd is the author of Secured Transactions and has had numerous
articles on commercial lending transactions published.
A new statute governing secured transactions (Revised Article 9 of
the Uniform Commercial Code) will become effective nationwide on July 1 of
this year. This new statute is broader in coverage than its predecessor. It
affects real estate, tort claims, agriculture, and bank accounts in ways
that its predecessor did not. As a result, every lawyer needs to learn the
basics of Revised Article 9.
This course is the first in a series of three courses designed to
give you a basic understanding of the changes made by Revised Article 9. It
explores the wider scope of Revised Article 9 and discusses agricultural
liens and consignments as well as security interests in bank accounts,
health care insurance receivables, letter-of-credit rights and commercial
tort claims.
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