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Priority Between a Secured Party and a Party with a Lien: Discussions in Secured Transactions Podcast

This podcast discusses the priority between a secured party and a party with a lien, including a judicial lien creditor, a creditor with a lien arising by operation of law, a creditor with an agricultural lien, and the IRS with a tax lien. The podcast discusses the relationship between Bankruptcy Code § 544(a), often referred to as “the strong arm clause," and a PMSI (Purchase Money Security Interest).


Learning Outcomes


On completion of the podcast, the student will be able to:

1.    Identify a judicial lien creditor. 

2.    Identify a creditor with a lien arising by operation of law.

3.    Identify, a creditor with an agricultural lien.

4.    Explain when the IRS will levy a tax lien.

5.    Determine whether the lien or a security interest has priority in the collateral.

  • Podcast Running Time

    8:45
  • CALI Topics

  • Lesson ID

    CT11_26P
  • Runs in past 30 days

    16

Lesson Authors

Podcast Transcript Download

Creative Commons Licensing

Creative Commons Licence