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The Limits of Liens in Proceeds Under Article 9
Editor's Note: This is the first in a series of articles on liens in proceeds under Article 9 of the Uniform Commercial Code (UCC).
It is commonly understood that Article 9 liens generally continue in proceeds. However, the scope and perfection of liens in proceeds, the priority of liens in proceeds, and the collision of Article 9 liens in proceeds and bankruptcy law are not so commonly understood. Accordingly, in this, the first of a series of three articles, we address the scope and perfection of liens in proceeds. We will then, in subsequent articles, address priority disputes in proceeds and the interplay of liens in proceeds and bankruptcy law.
Introduction
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?