Instructor(s): Michael Burke, Mark Selick

For graduate students, the course number is LAW2053HS.

This course is concerned with the modern law of secured transactions in personal property. It involves a detailed study of the Ontario Personal Property Security Act (OPPSA). As well, several key differences between the OPPSA and the corresponding laws in other provinces will be explored. The following topics will be covered:

1. the nature and function of security;
2. the history and policy of personal property security statutes;
3. the policy and function of registration;
4. the validity of security agreements and the rights of the parties between themselves;
5. third party disputes (perfection and priority rules);
6. default and enforcement;
7. conflict of laws issues; and
8. Bank Act security.

If time permits, this course will also explore issues relating to asset securitization.

Evaluation
3-hour open book examination (100%).

At a Glance

Second Term
Credits
4
Hours
4

Enrolment

Maximum
85
84 JD
1 LLM/SJD/MSL/NDEGS/SJD U

Schedule

T: 2:10 - 4:00
Th: 2:10 - 4:00