02/02/2010 01:00:00 PM EST
Professor Margit Livingston Discusses Transfers of Cash Proceeds Under U.C.C. Article 9
On this edition, DePaul University College of Law Professor Margit Livingston discusses how, despite a pro-secured creditor treatment of cash proceeds, the Uniform Commercial Code puts at least one significant limitation on the secured party's ability to recover cash proceeds upon the debtor's default. Copyright© 2010 LexisNexis, a division of Reed Elsevier Inc. Visit www.lexisnexis.com/communities.