Contracts and Commercial Law

Recent Posts

Professor Margit Livingston on Legal Malpractice for Failure to File a U.C.C. Article 9 Financing Statement
Posted on 28 May 2014 by Margit Livingston

Every secured party's nightmare is the realization that it forgot to file a financing statement in the appropriate public office to perfect its security interest. Sometimes that nightmare extends to the secured party's attorney, who may find herself... Read More

Professor Margit Livingston on Bankruptcy and Lapse of Perfection under U.C.C. Article 9
Posted on 7 Jan 2014 by Margit Livingston

It is incumbent upon secured parties to file continuation statements within the six-month period before the expiration of their financing statements to ensure continued perfection. In a recent bankruptcy case, a secured creditor narrowly averted disaster... Read More