UCC Origination: Part I
Where does a UCC originate from? Typically when a debtor (entity or individual) agrees to pledge assets to a secured party, usually a lender, for a loan or line of …
Debtor’s Name Change? What To Do
A proper financing statement must provide the name of the debtor, and there are fairly strict requirements for the sufficiency of the debtor’s name. (See UCC§§ 9-502& 9-503.) If the …
Vocabulary of Mergers & Acquisitions
There is much information that can be conveyed in even a brief statement about a transaction if certain vocabulary is consistently applied. Conversely, there is much confusion that can be …
DBAs & Assumed Names
Individuals, that is, human beings, are what the law calls “natural persons.” A natural person’s full name, as given at birth or as later legally changed, is the individual’s true …
The Real Deal with Apostilles
An apostille is a formal certification by a competent authority of the authenticity of the origin of a qualifying document. An apostille facilitates the acceptance of the qualifying document by a foreign authority.
Multiple Secured Parties: Risks
Complications with Multiple Secured Parties: Part 3 – Risks Again, most people do not appreciate the potential complications involved when a search reveals multiple secured parties on a single financing …