Personal Property Securities in the U.S.

31 May 2012


This new August intensive will be taught by Professor Charles W. Mooney, JR from the University of Pennsylvania Law School.

Personal Property Securities in the U.S. will provide an overview of Article 9 of the Uniform Commercial Code, which deals with security interests in personal property.

It will also facilitate a deeper understanding of the recently implemented Australian Personal Property Securities Act 2009 (Cth), which derives in part from Article 9.

Topics covered include:

  • The creation of an enforceable security interest, protection of a security interest as against third-party claims to collateral ("perfection"), and priority rules as between a security interest and (i) another security interest, (ii) a judicial lien creditor, (iii) a trustee in bankruptcy, and (iv) buyers of the collateral.
  • The enforcement of security interests following default.

Charles W. Mooney, Jr. is the Charles A. Heimbold, Jr. Professor of Law at the University of Pennsylvania Law School.

He is a nationally and internationally recognised scholar in the areas of commercial, debtor-creditor, and bankruptcy law.

He is a member of The American Law Institute, fellow of the American College of Commercial Finance Attorneys, and a fellow, Director, and former Regent of The American College of Bankruptcy.

He has been and continues to be involved in many law-reform efforts on the state, federal, and international levels.

He was a member of the Securities and Exchange Commission's Federal Advisory Committee on Market Transactions and was a co-reporter for the Drafting Committee on the Revision of U.C.C. Article 9 (Secured Transactions).

Professor Mooney also served as a United States Delegate and Position Coordinator for the International Institute for the Unification of Private International Law (UNIDROIT).

He has been a Visiting Professor of Law at the Georgetown University Law Center, the University of Virginia School of Law, Waseda University (Tokyo), and the University of Tokyo.

Professor Mooney was also a partner of Shearman & Sterling in New York City, where he specialised in private financing transactions and banking law.

He teaches in the areas of commercial, debtor-creditor, bankruptcy, international business, and real property law and he is the author of books, chapters, articles, and other materials in the commercial law and bankruptcy fields.

Personal Property Securities in the available to study through the following Sydney Law School degree programmes:

Legal practitioners can count this unit of study towards Mandatory Continuing Legal Educaiton (MCLE) or Continuing Professional Development (CPD).

Candidates can also enrol in this subject on a Legal Professional Development (LPD), Single Unit Enrolment or Cross-Institutional basis.

Candidates can elect to complete the assessment, claim the MCLE or CPD points and then count the unit towards a degree at a later stage.

Alternatively, candidates can elect not to complete the assessment but still claim the MCLE or CPD points.

For further enquiries or to apply or enrol, please contact the Postgraduate Team.

Contact: Greg Sherington

Phone: +61 2 9351 0202

Email: 743d032a5d66010d375e3f0d35183811192a03042f4f7b340c2c5c222d