JD Supra

Maintaining perfected security interests under the UCC: Top points for foreign lenders

For lenders participating in United States secured lending transactions, maintaining a perfected security interest under the Uniform Commercial Code (UCC) requires ongoing attention beyond the initial ...
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 ...
Law

In re: Global One Media, Inc.

The BAP reversed a bankruptcy court's ruling that upheld Newtek's partially secured claim against Global One Media, Inc., finding that Newtek failed to properly perfect its security interest. The ...
Crowdfund Insider

Navigating the UCC Article 12 Transition: What Secured Lenders and Borrowers With Crypto Collateral Must Know – For many, the Transition Period deadline ends this summer.

August 30, 2025 @ 5:06 pm By Joshua Ashley Klayman, Danelle Le Cren, John Hwang, Michael Bassett, Philip Lee and Jessica Blatz Imagine this: A lender, confident in its documentation, makes a secured ...
Law

A Missing Syllable in a UCC = A $500,000 Mistake

In East Texas Machining & Manufacturing, the court held that a lender’s UCC-1 financing statement was seriously misleading because it identified the debtor by a name different from the one listed on ...