Legal Drafting: Commercial Transaction
The area of commercial law involves the application of practical skills introduced in payment systems, secured transactions and bankruptcy. This course will offer the student the opportunity to acquire ‘hands on’ experience in the drafting of ‘workout’ documents and pleadings arising from commercial loan transactions. Specifically, this drafting course will continue the topics presented in Legal Drafting: Commercial Loan Documents and take the student through the particulars of dealing with commercial lending transactions that go awry. Specifically, each student will be introduced to the ‘workout’ process and prepare and submit documents and/or pleadings in state or federal proceedings (including Bankruptcy Court) to protect the interests of each of the lender and the borrower.