News Topic: Secured Lending

A  prior post  addressed a proposed amendment to Article 9's official comments stating that the date of an Article 9 filing relates back to the initial filing date even if the debtor did NOT authorize the filing at that time. This post returns to ... Read full article

A few times I have caught Storage Wars , a television show on A&E. When storage units customers do not pay their fees, the contents are auctioned off by the storage unit company. The show follows professional treasure hunters who bid at these ... Read full article

A few weeks ago I wrote about the importance of giving priority to an Article 9 financing statement only from the date on which the debtor  actually authorizes the filing, and a proposed official comment contrary to this position . My colleague Lissa ... Read full article

On January 1, 2011, Larry files a UCC-1 financing statement against David indicating David's equipment as collateral. At this point, David doesn't even know Larry, has not given him a security interest, and has not authorized this ... Read full article

Just a word of gratitude to readers for providing great responses to the prior call for corporate bankruptcy lingo . Thanks to your help, UNC Law's advanced business bankruptcy students are collaboratively examining such terms through a wiki and this ... Read full article

At the end of a lively session  yesterday at Duke Law School featuring Professor Stephen Ware of University of Kansas Law School, there was a brief discussion of whether shorter foreclosure timelines and clearer rules would promote more workouts of ... Read full article

Previously I mentioned this new paper on homeowners in bankruptcy  in the American Bankruptcy Law Journal. The central goal of the paper was to investigate what makes homeowners more or less likely to have mortgage troubles as they head into ... Read full article

This is a newly published paper  in the American Bankruptcy Law Journal  that I was lucky to work on with Daniel McCue and Eric Belsky at the ... Read full article

As Alan White reported recently , the Uniform Law Commission in the U.S. has named a committee to consider the need for and feasibility of proposing a uniform foreclosure act and to report back to the ULC by early 2012. ... Read full article

Congress just passed a bill overhauling the US patent system.  The most significant change appears to be shift from a first-to-invent to a first-to-file system. ... Read full article

Prompted by several comments to one of my earlier posts , I've been thinking about situations where a homeowner files an insurance claim for property damage to her home while she is in default on her mortgage.  The general practice, as I understand ... Read full article