Bob Sodikoff Publishes Chapter in IICLE's "Secured Transactions 2016"


Aronberg Goldgehn member Robert N. Sodikoff has authored Chapter 10, “Letters of Credit,” in the “Secured Transactions 2016 Edition” published by the Illinois Institute for Continuing Legal Education (IICLE). The publication is considered the essential guide covering security interests and priority under UCC Article 9.

The publisher, IICLE, claims the practice guidance in the handbook will assist attorneys in locking in their client’s security interests and priority under UCC Article 9. Readers will become current on the law and issues affecting the practice area with discussions of the recent U.S. Supreme Court decision in Hawkins v. Community Bank of Raymore and how marijuana is to be categorized under the UCC.

Also included in the handbook is an in-depth analysis of full coverage of secured interests in bankruptcy proceedings, secured creditors’ rights and remedies if the debtor defaults, equipment leasing, letters of credit, guaranties, subordination and intercreditor agreements, special types of collateral and agricultural financing.

The handbook also includes more than 20 vital forms and essential sample language, including a guaranty, a standby letter of credit, a subordination agreement, an intercreditor agreement and an agricultural security agreement.

For additional information, or to purchase the publication, please CLICK HERE.

About Robert N. Sodikoff
Robert N. Sodikoff is Co-Chair of the Real Estate Group at Aronberg Goldgehn. He has a broad-based practice with a particular focus on corporate and real estate law matters.

Bob serves as general counsel for several clients, advising them on general corporate matters, including shareholder agreements, consulting arrangements, asset and stock sales and purchase agreements. He negotiates and drafts distribution agreements, licensing agreements and marketing agreements on behalf of national and international companies. He also represents a number of closely held companies, including medical practices, manufacturing companies and service companies.

Bob represents banks and corporate borrowers in connection with asset-based and real estate financing, including the negotiation and preparation of loan documents. He has served as lender's counsel in various real estate based financing transactions, representing aggregate borrowing in excess of $1 billion. He has also represented borrowers in connection with purchase money financing and refinancing transactions.

In his real estate practice, Bob represents both buyers and sellers of real estate. He has substantial experience in negotiating and drafting commercial and industrial leases (representing both landlords and tenants) and construction contracts. He also works with real estate developers, land owners and builders in zoning and related matters, and has represented both purchasers and sellers of shopping centers and industrial buildings.

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