In a win for lenders, on September 11, the U.S. Court of Appeals for the Seventh Circuit reversed the U.S. Bankruptcy Court for the Central District of Illinois, holding that the collateral ...
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 ...
This article was published in the August 23, 2018 issue of Middle Market Growth, a weekly newsletter published by Association of Corporate Growth (ACG). It is reprinted here with permission. On May 8, ...
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 ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
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.
Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. UCC-1 filings are easy to make correctly and a disaster ...
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