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Calendar

12/6/2016
Estate Planning for Real Estate Part 1 (Telephone)

12/6/2016
Buying/Selling Commercial Real Estate, Part 1 (Telephone)

12/7/2016
8 Mistakes Experienced Contract Drafters Usually Make (Webinar)

12/7/2016
Estate Planning for Real Estate Part 2 (Telephone)

Taking a Credit Interest in Stock or Membership Interest (Telephone)
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LLC and partnership interests, and stock, are often pledged as collateral to finance companies or raise funds for personal purposes. Taking and perfecting a security interest in an ownership stake involves a complex set of choices and processes under UCC Article 9 (secured transactions) and Article 8 (investment securities), federal securities law and organizational law, each involving certain risks in terms of enforceability and limitations on the secured party.

5/3/2016
When: Tuesday, May 3, 2016
12:00 PM - 1:00 PM

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MCLE Accreditation
Nebraska Activity #123537, 1.0 hour CLE

LLC and partnership interests, and stock, are often pledged as collateral to finance companies or raise funds for personal purposes. Taking and perfecting a security interest in an ownership stake involves a complex set of choices and processes under UCC Article 9 (secured transactions) and Article 8 (investment securities), federal securities law and organizational law, each involving certain risks in terms of enforceability and limitations on the secured party. This program will provide you with a practical guide to taking and perfecting a security interest in a partnership, LLC or S Corp ownership stake, the practical remedies and choices available to secured parties on foreclosure, how to circumvent certain restrictions, and the impact of non-UCC law on taking a security interest.

  • How to take a security interest in partnership LLC interest or S Corp stock
  • Guide to how Article 9 (secured transactions) Article 8 (investment securities) define security and limit security interests in these ownership stakes
  • Methods and mistakes in perfecting the security interest
  • Restrictions on assignment and methods to circumvent
  • Rights of secured parties, including the right buy, and foreclosure strategies and traps
  • Securities law and non-UCC legal issues

Steven O. Weise is a partner in the Los Angeles office Proskauer Rose, LLP, where his practice encompasses all areas of commercial law. He has extensive experience in financings, particularly those secured by personal property. He also handles matters involving real property anti-deficiency laws, workouts, guarantees, sales of goods, letters of credit, commercial paper and checks, and investment securities. Mr. Weise formerly served as chair of the ABA Business Law Section. He has also served as a member of the Permanent Editorial Board of the UCC and as an Advisor to the UCC Code Article 9 Drafting Committee. Mr. Weise received his B.A. from Yale University and his J.D. from the University of California, Berkeley, Boalt Hall School of Law.



To Register:
Cost $89.00

http://ne.webcredenza.com/catalog.aspx?browse=ViewProg&catid=22479

  • Click on abo9ve link
  • Click “Login to add to cart” button at the bottom of the program page
  • This will take you to the log in page, FIRST time users will need to create a user name and password that is separate and distinct from any information you may have used for the Nebraska State Bar website
  • Please be sure to use the attorney name and contact information of the person who is to receive the CLE credit
  • Once completed click “Update & Proceed to Payment”
  • The final step is to click “Submit Payment”
  • At this point you will receive an email confirmation of the purchase
  • The day before the Program you will receive the dial in information and program materials
  • We will submit the program participation information to the Nebraska State Bar Association within 48 hours of the program completion

If you need additional information on your CLE credits please contact:
Sara Weber, Nebraska State Bar Association
(402) 475-7091 ext # 131; sweber@nebar.com

Nebraska State Bar Association, 635 S. 14th St., Suite 200, Lincoln, NE 68508
(402) 475-7091; Toll Free (800) 927-0117; FAX (402) 475-7098