Powell to Present at American Law Institute Advanced Commercial Finance Program

May 11, 2018

The American Law Institute will present an all-day, advanced level seminar in New York City on Friday, May 11. Subtitled “Critical Issues Below the Surface,” the seminar will include seven presentations addressing significant issues often overlooked in the most challenging secured lending transactions and strategies for surmounting those issues. Norman M. Powell, together with Teresa Wilton Harmon and Professor Neil B. Cohen, will present a session entitled, “Who is the Debtor? The Curious Case of Trusts, LLPs, Series LLCs, and Related Entities.” The program is based in part on Mr. Powell’s articles, Filings Against Trusts and Trustees Under the Proposed Revisions to Current Article 9 – Thirteen Variations, 42 UCC L.J. 375 (2010), and Secured Lending to Series of LLCs: Beware What You Do Not (and Cannot) Know, 46 UCC L.J. 95 (2015).

Founded in 1923, The American Law Institute is the leading independent organization in the United States producing scholarly work to clarify, modernize, and improve the law. The ALI drafts, discusses, revises, and publishes Restatements of the Law, Model Codes, and Principles of Law that are enormously influential in the courts and legislatures, as well as in legal scholarship and education. By participating in the Institute’s work, its distinguished members have the opportunity to influence the development of the law in both existing and emerging areas, to work with other eminent lawyers, judges, and academics, to give back to a profession to which they are deeply dedicated, and to contribute to the public good.