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The Limits of Liens in Proceeds Under Article 9

By Frank Peretore
January 31, 2016

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.

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