You have likely heard of a system that allows for easy management of UCC filings and debtor searches from talking with others in your industry. At the surface some of these DIY systems sound the same, but if they happened to be referring to Database Direct, then there is a lot more to it at the granular level to differentiate our system from the rest.
We’re taking it back to the basics, sharing the most important types of UCC Forms. This basic understanding lays the groundwork for achieving perfection in your security interest. The best place to start is asking yourself, “does my intent match my form?”.
As we begin to wrap up 2021 and place a bow on the year, we can’t help but look back and reminisce on all of the events Capitol Lien had the privilege of attending, sponsoring, and exhibiting. Whether it had been in person, or virtual, it was great to be able to network and share Capitol Lien’s valuable resources with professionals in multiple industries, across multiple platforms.
Have you thought about your year-end corporate due diligence? Another year is coming to a close, time to plan accordingly. Here is your friendly end-of-year reminder. Review this checklist to ensure all proper corporate due diligence obligations are handled.
We continue to see an increase in requests for services involving our neighbors to the North. Of those requests, Personal Property and Security Act (PPSA) registrations are topping the list. The PPSA is commonly thought of as the Canadian version of the Uniform Commercial Code (UCC) filings by many in the industry.
This past year has introduced new complexities for various industries. If you are in any of the industries experiencing a surge in business, have you been able to manage all due diligence requirements in-house?