UCC Financing Statement

OMG! – A Simple Error in Preparing a UCC-3 Termination Statement May Result in the Loss of a $1.5 Billion Lien

The Second U.S. Circuit Court of Appeals recently held that a secured creditor’s $1.5 billion security interest was invalidated due to an error in the preparation ...

JD Supra

5 Questions About Avoiding Fatal Debtor Name Mistakes on UCC Financing Statements

Even minor debtor name mistakes can create meaningful UCC filing risk. Case sensitivity in the debtor name is generally not ...

Investopedia

Understanding UCC-1: The Uniform Commercial Code Financing Statement

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

Law

'Authority' to Terminate Financing Statements Under UCC

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.

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 ...

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Secured Finance Under Article 12 and the 2022 UCC Amendments

The 2022 UCC updates, effective June 3 in New York, modernize laws for digital assets. They introduce Controllable Electronic ...

The National Law Review

When a Driver’s License Is More Than a Bad Picture: Is Your UCC Financing Statement Still Effective?

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 ...

The National Law Review

First Circuit Rules That “Incorporation by Reference” of Collateral Description in UCC Financing Statements May Not Perfect Lien

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 ...

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