Under the Uniform Commercial Code (UCC), a secured party can perfect its lien on certain of a debtor's assets by the filing of a UCC-1 financing statement. However, Section 9-509 of the UCC provides ...
Proper attention to the unsexy “Uniform” Commercial Code financing statement may well be the single most consequential checklist item in a secured bond financing from the perspective of bondholder ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Jared Ecker is a researcher and fact-checker. He ...
Rudolph J. Di Massa Jr. On Jan. 21, in Official Committee of Unsecured Creditors of Motors Liquidation v. JPMorgan Chase Bank (In re Motors Liquidation), No. 13-2187, (2d Cir. Jan. 21, 2015), the U.S.
Learn about continuation statements, how they extend liens on collateral, and their importance in maintaining lenders' priority in debt collection.
NASHVILLE, Tenn. (WKRN) — Tennesseans received an alert from Secretary of State Tre Hargett on Wednesday about an official-looking mailer from TN UCC Statement Service that falsely suggests businesses ...