Skip to main content

NCBA CLE

Events
Courses
CLE FAQ
CLE Forms and Policies
NCBAR.ORG
February Finale
Search
Cart 0
    Your cart is empty.
Sign In

Item Added to Cart

You just added

You have item(s) in your cart

  • Proceed to Checkout
Cart 0
    Your cart is empty.
  1. Courses
  2. The Law of Consignments: Ho...
  3. The Law of Consignments: Ho...

    The Law of Consignments: How Selling Goods for Others Works (Live Replay from March 22, 2022)

    • Speakers

    Thank you

    Thank you for joining us today.

    Description

    In a consignment, the consignor, ships or transfers control of goods to a seller, the consignee, who agrees to market the property to buyers and pay over some portion of the sales proceeds to the consignor. The arrangement involves an intricate set of rights and obligations among the parties.

    There are also substantial and often overlooked risks, including that the consignee's creditors may seek to claim a security interest in the consigned property. If these risks are not properly understood and remedies not carefully considered, the consignor is at risk of loss.

    This program provides insight to the law of consignments, UCC Article 9 issues and risks, and provide practical tips for drafting consignment agreements.

    • Structure of common consignment transactions
    • Parties, rights and obligations – consignor as creditor, consignee as debtor, creditors
    • Risks of loss to consignor and how it can protect itself against consignee's creditors
    • Consignor remedies for consignee breach
    • Law of consignments and relationship to secured finance
    • Circumstances when UCC Article 9 does not apply to consignments

    Contributors

    • Steven O. Weise

      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.

      Click here for more information about Steven.

    August 8, 2022
    Mon 1:00 PM EDT

    Duration 1H 0M

    This live web event has ended.

    For Technical Support
    support@blueskyelearn.com
    (888) 705-6002
    +1 (858) 201-4136*
    *for callers residing outside of the United States
    Register
    Log In
    Forgot password?

    Are you sure you want to leave?

    If you change your mind, you will still be able to rejoin the live event before it ends.
    • Leave event

    You finished this item!

    • Go back to course
    • Go to next item
    • Events
    • Courses
    • Search
    • Support
    • CLE FAQ
    • CLE Forms/Policies
    • NCBAR.ORG
    • Sign In
    • Privacy Policy | Cookies Policy