https://at-ceu.studyguide.timeedit.net/modules/LEGS5118?type=COREThis is an intensive course in the comparative law of - increasingly known as - secured transactions or personal property security law. As Article 9 of the Uniform Commercial Code (United States) has become the main internationally followed model, it (and the linked US law) will serve as the benchmark jurisdiction. As this model's basic feature is that it extends to all (consensual) security devices that utilize personal property as collateral (i.e., the so-called unitary concept of security interests), title financing (e.g., leasing) and factoring (receivables financing) and a number of other such devices will be also covered even though they belong to distinct branches of law in other legal systems. As contrasts, two developed laws will be analyzed: compartmentalized English law and the German system of latent (i.e., non-registrable) securities. The related international developments and the related law reforms (Central and Eastern Europe, Africa) will also taken a look at; topics that are rarely, if ever, covered by the curricula of western law schools.It was also of utmost importance to make the course practical for counsel advising clients how to protect their clients' rights through various security devices in the context of bankruptcy and outside of it - though focusing primarily on in rem (proprietary) one. Thus, besides secured transactions stricto sensu, the most frequently utilized security devices as known by developed contemporary legal systems, is given equal emphasis. This includes a discussion on suretyships and guarantees, covenants, comfort letters, performance bonds, subordination as well as the utilization of security interests in the context of project finance. The full text of the UCC is available in the CEU library or at some web sites (http://www.law.emory.edu electronic reference desk - links to UCC). The documents prepared by the international organizations dealing with secured transactions are all available electronically (http://www.un.or.at/uncitral - http://www.unidroit.org - http://www.ebrd.com).