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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.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.