Tag Archives: UCC

Amendments to Article 9 of the Uniform Commercial Code Go Into Effect

A number of amendments to Article 9 of the Uniform Commercial Code (“UCC”) went into effect in many states on July 1, 2013. Similar amendments are pending in a number of other states. These amendments include several changes that have a significant impact on the search and file process for purposes of perfecting a security … Continue reading this entry

Protections When Supplying to a Troubled Customer

Automotive sales in North America continue to climb, and many suppliers are prospering. However, there are some companies who are struggling and who may face bankruptcy. We have seen companies such as A123 Systems and certain subsidiaries of Revstone Industries recently file for protection under the Bankruptcy Code. How can a supplier to a troubled … Continue reading this entry