Understanding Perfected Liens: Types, Filing Processes, and Legal Implications

Discover what a perfected lien is, its types, and how to file one legally. Protect your financial health with comprehensive ...
JD Supra

Navigating Jurisdictional Pitfalls: Lessons From Global One Media, Inc. v. Newtek Small Business Finance, LLC on Lien Filing Errors

The Ninth Circuit Bankruptcy Appellate panel recently reaffirmed the longstanding principle that a UCC-1 financing statement securing personal property must be filed at the debtor’s location. In a ...
The Bond Buyer

Uniform Commercial Code financing statement is integral in bond defaults

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 ...
Forbes

Debtor’s Law Firm Fees Lien Takes Priority Over Charging Order In Rice

Liens can be consensual in the form of a UCC lien, or nonconsensual in the form of a charging order and other attachment remedies. A charging order is a post-judgment enforcement tool that places a ...
Government Technology

Electronic UCC Filing Faster and Cheaper

Problem/situation: The volume of paperwork generated by UCC filing requirements makes for long turnaround time and creates a drag on commerce. Solution: Automation of the UCC filing systems.
JD Supra

Utah Bankruptcy Court Applies “Freeze Rule” to Preserve Secured Creditor’s Lien Priority When Financing Statement Lapses Post-Petition

In Thomson v. Short (In re Short), the Utah bankruptcy court recently adopted the majority position and applied the freeze rule to preserve a secured creditor’s lien priority despite the lapse of that ...