Virginia Secured Transactions Under Article 9 of the Uniform Commercial Code: Forms and Practice Manual

Virginia Secured Transactions Under Article 9 of the Uniform Commercial Code: Forms and Practice Manual

Prominent Virginia attorney, Margaret W. Swartz, has drawn from her extensive experience to bring you this practical, easy-to-use book, containing a comprehensive collection of all the current rules of  Article 9, along with extensive commentaries on how they affect the forms and procedures used in Virginia today.

The First Edition of your Manual was published in 2001, following the adoption by the Virginia General Assembly of revised UCC Article 9.  What was once commonly referred to as “Revised Article 9” is now firmly entrenched in the legal practice as simply “Article 9.”  This Second Edition of Virginia Secured Transactions Under Article 9 of the Uniform Commercial Code:  Forms and Practice Manual provides a comprehensive update of the Manual to present an overview of Article 9 for Virginia commercial law practitioners in 2014 and beyond, and conveniently provides useful forms on the accompanying CD for your immediate use.

A number of changes to the second edition were made in this update, including:

• Updated case law developments with citations;
• Updated developments concerning virtual currency and its treatment under the UCC; and
• Updated UCC forms.
• All forms conveniently provided on the accompanying CD for your immediate use.

Margaret Warren Swartz is a sole practitioner in Richmond, Virginia, and specializes in commercial and real estate lending. She has been approved as a designated closing attorney by the U.S. Small Business Administration in connection with its 504 loan program, and she regularly serves as lender’s counsel for such loans.

Ms. Swartz’s professional experience includes almost a decade of practice in the Financial Services Group at Williams Mullen in Richmond. There, she focused on all aspects of banking, including commercial and real estate lending, contracts, deposit and privacy matters, and secured transactions. Ms. Swartz also practiced for eleven years at Crestar Financial Corporation in Richmond, where she served as Vice President and Associate General Counsel. In that capacity, she advised on a broad spectrum of matters, including loan documentation and collections, lien perfection, bankruptcy, lender liability issues, leasing and insurance.

Ms. Swartz is a 1976 honors graduate of the College of William and Mary. She received her law degree in 1982 from the T.C. Williams School of Law at the University of Richmond, where she was Associate Editor of the University of Richmond Law Review. Immediately following her graduation from law school, Ms. Swartz served for two years as personal law clerk to Virginia Supreme Court Chief Justice Harry L. Carrico. Ms. Swartz is a member of the Virginia State Bar, the Richmond Bar Association, and the National Association of Development Companies.

» View Full Table of Contents [PDF]

SUMMARY TABLE OF CONTENTS

Chapter 1: What Law Governs?

Chapter 2: Overview and Definitions

Chapter 3: Creating a Security Interest—Attachment—Making the Secured Party's Rights Enforceable Against the Debtor

Chapter 4: Perfection

Chapter 5: Financing Statement Mechanics

Chapter 6: Prevailing Against Others

Chapter 7: Particular Types of Collateral

Chapter 8: Proceeds

Chapter 9: Changes after Closing

Chapter 10: Third Parties—Account Debtors

Chapter 11: Enforcement

Chapter 12: Secured Party's Obligations

Chapter 13: Penalties Against Secured Parties

Chapter 14: Forms

Indices