Lock in your client’s security interests and priority under UCC Article 9 with the practice guidance in this handbook. This in-depth analysis of secured interests delves into bankruptcy proceedings, secured creditors’ rights and remedies if the debtor defaults, equipment leasing, letters of credit, guaranties, subordination and intercreditor agreements, special types of collateral, agricultural financing, and cannabis as an agricultural product in Illinois. This handbook includes over 20 vital forms and essential sample language provisions, including a guaranty, a standby letter of credit, a subordination agreement, an intercreditor agreement, and an agricultural security agreement.
Chapter 1 —Creation of an Article 9 Security Interest
Robert W. Glantz, Much Shelist P.C.,and David R. Doyle, Cozen O’Connor, Chicago
Chapter 2 —Perfecting Article 9 Security Interests Under Illinois Law
Jason M. Torf, Tucker Ellis LLP, Alexander G. Brougham, Adelman & Gettleman, Ltd., Chicago
Chapter 3 —Priorities Among Article 9 Security Interests and Competing Rights
Michael M. Schmahl, Mason Pollick & Schmahl, LLC, Chicago
Chapter 4 —Rights and Remedies upon Default
Michael M. Schmahl, Mason Pollick & Schmahl, LLC, Chicago
Chapter 5 —Special Types of Collateral
Stephen A. Tagge and Andrew T. Jarmer, Sorling Northrup Attorneys, Springfield
Chapter 6 —Equipment Leasing
Cynde H. Munzer, Blank Rome LLP, and Howard J. Swibel, Saul Ewing LLP, Chicago
Chapter 7 —Agricultural Financing in Illinois Under Article 9
Thomas E. Howard, Collateral Base LLC, Peoria
Chapter 8 —Treatment of Secured Interests in Bankruptcy
Mark L. Radtke, Foley & Lardner, LLP, and Brian L. Shaw and Christina M. Sanfelippo, Cozen O’Connor, Chicago
Chapter 9 —Subordination and Intercreditor Agreements
Frederick C. Fisher IV, Sean T. Scott, and Tyler R. Ferguson, Mayer Brown LLP, Chicago
Chapter 10 —Letters of Credit
Jennifer Kratochvil and Rebecca Fruchtman, Mayer Brown LLP, Chicago
Chapter 11 —Avoidance of Security Interests as Fraudulent Transfers
John F. Pollick, Mason Pollick & Schmahl, LLC, Chicago
Chapter 12 —Guaranties
Michael L. Weissman, Of Counsel, Levin Ginsburg,Chicago
Chapter 13 — Lender Liability and Equitable Subordination
Robert W. Glantz, Much Shelist P.C.,and David R. Doyle, Cozen O’Connor, Chicago
