Commercial Law

Quick Info
(2030.04)  Course
Professor B. Geva
4 credit(s)  4 hour(s);
Lecture, discussion.
Upper Year Research & Writing Requirement

This course is devoted to an examination of the principles and policies that govern the law of secured transactions in personal property. It consists primarily of a detailed analysis of Ontario’s Personal Property Security Act (OPPSA). Coverage also includes a brief introduction to insolvency law and the proprietary aspects of sale of goods law.

In general, topics such as the following will be covered:

• the nature and function of security;
• the scope and application of the OPPSA;
• the validity of security agreements and the rights of the secured party and debtor as against each other;
• the policy and function of registration;
• the rights of the secured party as against third parties – the general priority rules;
• specific priority rules;
• rights on transfers of collateral; rights to proceeds;
• default and enforcement;
• conflict of laws issues.

Depending on circumstances, this course may be offered remotely with a mix of synchronous and asynchronous components.

The above information is provided for course registration purposes only and is subject to change at any time.