Credit units: 3
Offered: Either Term 1 or Term 2
Weekly hours: 3 Lecture hours
Department: Law (Dean's Office)
Canvasses secured financing practices in Canada involving collateral in the form of personal property, with the primary focus on commercial secured transactions. The course examines the policy and economic implications of secured financing law, including the history, doctrinal basis and specific provisions of the primary sources of secured financing law in Canada- provincial Personal Property Security Acts and the secured financing regime of the Bank Act. The study of case law will provide the contextual framework to interpret and apply this legislation to factual scenarios. These subjects are examined in the context of the two primary themes of the course, inter parties creation and enforcement of security agreements and third party priority issues.
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