Uniform Commercial Code/Article 9

‘All Assets’ Combined with ‘Including’ Makes a UCC-1 Bulletproof, Circuit Says

Even if location is wrong, financing statement is sufficient by saying ‘all assets.’
Court: 
2nd Circuit

Ensuring Enforcement of the Eleventh-Hour Mediation Deal

Journal Issue: 
Feb 2017
Bankruptcy Code: 
none
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Uniform Commercial Code/Article 9
Unsecured Trade Creditors

Mishandling Collateral Gives Rise to Nondischargeable Debt, Eleventh Circuit Holds

Mishandling collateral is nondischargeable even if the security interest is unperfected.
Court: 
11th Circuit

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