Nov

    Uniform Commercial Code Opinions in Real Estate Finance Transactions

    1 PM EST

    This program is based on the recently published Uniform Commercial Code Opinions Report and will provide guidance to opinion practitioners in real estate finance transactions when there is a security interest in any personal property or fixtures. Specific topics include:

    • General concepts of creation, attachment, perfection and priority
    • Applying these concepts to types of property, including deposit accounts and investment property
    • Choice of law issues
    • Express or unstated assumptions and limitations

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    The ABA will seek 1.5 hours of CLE credit in 60-minute states and 1.8 hours of CLE credit for this program in 50- minute states. Credit hours are estimated and are subject to each state’s approval and credit rounding rules. Please visit www.americanbar.org/mcle for general information on CLE at the ABA.

    Event Details

    Duration

    90

    Format

    Web

    Date

    Nov 06, 2019

    2019-11-06T13:00:00-05:00 2019-11-06T14:30:00-05:00 Uniform Commercial Code Opinions in Real Estate Finance Transactions

    This program is based on the recently published Uniform Commercial Code Opinions Report and will provide guidance to opinion practitioners in real estate finance transactions when there is a security interest in any personal property or fixtures. Specific topics include:

    • General concepts of creation, attachment, perfection and priority
    • Applying these concepts to types of property, including deposit accounts and investment property
    • Choice of law issues
    • Express or unstated assumptions and limitations

    Speakers

    Lydia Stefanowicz

    Greenbaum Rowe Smith & Davis LLP

    Lydia Stefanowicz is a partner with Greenbaum, Rowe, Smith & Davis LLP in New Jersey.  She concentrates her practice in the areas of real estate finance and commercial leasing. She is a member of her firm’s Opinion Committee and is Chair of the Attorneys’ Opinions Committee of the American College of Real Estate Lawyers (“ACREL”).  In addition, she serves as the representative of the American College of Mortgage Attorneys (“ACMA”) to, and is a member of the Board of Directors of, the Working Group on Legal Opinions Foundation (“WGLO”), an organization that brings together representatives of law firms, bar associations and other legal groups as well as representatives of opinion recipients to discuss current issues in opinion practice.  Ms. Stefanowicz is the immediate past Co-chair and current member of the Opinions Committee of ACMA.  She served on the joint drafting committees (formed by the respective opinion committees of ABA/RPTE, ACREL and ACMA) responsible for preparing the “Real Estate Finance Opinion Report of 2012,” the 2016 report on “Local Counsel Opinion Letters in Real Estate Finance Transactions: A Supplement to the Real Estate Finance Opinion Report of 2012”, and the 2018 report on “Uniform Commercial Code Opinions in Real Estate Finance Transactions”.  Ms. Stefanowicz is a frequent speaker and writer on opinion practice topics.  She received her B.A., summa cum laude, from New York University and her J.D. from the University of Virginia School of Law.

    Robert Grodner

    McGlinchey Stafford PLLC

    Marshall Grodner is a Member in McGlinchey Stafford’s Baton Rouge office. He is a leading voice in commercial and secured transactions, commercial finance, opinion letters and commercial real estate. 

    Marshall currently serves as Chair of the Commercial Finance Committee of the ABA Business Law Section, Vice President of the American College of Commercial Finance Lawyers, Secretary of the American College of Real Estate Lawyer’s Attorneys’ Opinion Committee, and Chair of the Ethics Committee of the Litigation and Ethics Group of the Real Property Division of the Real Property, Trust and Estate Section of the ABA. He is the Immediate Past President of the Association of Commercial Finance Attorneys. Marshall also served as Co-Chair, Joint Task Force on Deposit Account Control Agreements of the ABA Business Law Section and is known for his experience in secured lending and ethics in the transactional context. He has authored or co-authored several articles in law reviews and other publications, and has delivered lectures and papers throughout the country dealing with, secured transactions, opinion letters and ethics and professionalism in the transactional context. Marshall is a Contributing Reporter to Uniform Commercial Code Opinions in Real Estate Finance Transactions, 53 Real Prop. Tr & Est. L.J. 163(2018/2019).

    Steven Weise

    Proskauer Rose LLP

    Steven O. Weise, Partner, Proskauer Rose LLP, Los Angeles, CA

    Steven O. Weise is a partner in the corporate department and practices in all areas of commercial law. His experience in financing is extensive, especially in those secured by personal property, including structured financing. He also handles matters involving California real property anti-deficiency laws, workouts, guarantees, sales of goods, equipment leasing, commercial paper and checks, letters of credit and investment securities. His experience covers e-commerce, contract law (including "plain English" drafting), legal opinions and consumer credit law compliance matters. In addition, he lectures widely on commercial law topics and legal opinion letters and is the author of over 100 articles on these topics.

    William Dunn

    Clark Hill PLC

    William B. Dunn serves as Of Counsel to Clark Hill PLC.  He specializes in real property, secured transactions and related business practice, as well as legal ethics andprofessional responsibility. 

    He is a recognized authority in the area of legal opinions in business transactions, and has served as chair of attorney opinions committeesof the American College of Real Estate Lawyers and the ABA Section of Real Property, Trust and Estates Law.  He has authored many articles and appeared on many programs on the subject.  He served as co-editor of the Real Estate Finance Opinions Report of 2012of the opinions committees of ABA RPTE, ACMA, and ACREL, and as Reporter for Local Counsel Opinion Letters in Real EstateFinance Transactions (2016) and for U.C.C. Opinions in Real Estate Finance Transactions (2018) of those same committees. 

    Among his many professional achievements is Presidency ofthe American College of Real Estate Lawyers, Chair of the ABA Real Property,Trust and Estates Law Section, Chair of the ABA Standing Committee on Ethics and Professional Responsibility and Chair of the State Bar of MichiganProfessional Ethics Committee.  William has been listed in The Best Lawyers in America® in the specialty of Real Estate Law for more than 25 years and is a Michigan Super Lawyer.  He is also recognized as a Senior Statesman in real estate by Chambers USA Leading Business Lawyers, a designation given to long-experienced lawyers with exceptional recommendations in their field.

     

     

     

    Sponsors

    Section of Real Property, Trust and Estate Law

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