finance

Secured debt is a creditor’s claim that is secured by a lien on the debtor’s property.

A secured party is a person or entity in whose favor a security interest is created or provided for under a security agreement, regardless of whether an obligation to be secured is currently outstanding.

• secured transactions

A secured transaction is an arrangement in which a buyer or borrower (referred to as the debtor) guarantees payment of an obligation by granting a security interest in proper

Secured Transactions Law: An Overview

Secured transaction law governs the creation, perfection, priority, and enforcement of security interests in personal property.

• secured transactions

Most retail investors must sign arbitration agreements when they open investment accounts with their brokers.  Consequently, they are required to submit any disputes with their broker to arbitration.  This page offers factors to consider for investors who must arbitrate.

• securities law

The discovery process is the phase in which both parties research and investigate the facts and events that gave rise to the claim. During the discovery phase, parties will have access to information that was inaccessible to them before.

• securities law

When investors are granted awards in FINRA arbitration, they must be paid within thirty days unless the opposing party files a motion to vacate the award in a court.

• securities law

Arbitration hearings are the equivalent of a courtroom trial, but less formal. During hearings, all parties meet to hear the case and to present supporting evidence.

• securities law

After the panel is appointed, an Initial Prehearing Conference is scheduled.

• securities law

After the complaining party, or claimant, files a Statement of Claim and pays the required fees, the opposing party, or respondent, is served with the Statement of Claim, and a cover letter explaining the arbitration process and setting a time for reply to the claim.