Attachment and Perfection of Security Interests

This article addresses common attachment and perfection problems raised in recent cases, and provides suggestions on how secured parties can avoid these pitfalls.

24 minute read September 24, 2013 at 10:53 AM

Thomas V. Askounis, Debra Devassy Babu And Allison E. Kahrnoff

Attachment and Perfection of Security Interests

While most secured parties focus their energies on negotiating and drafting contract documents, they must also pay careful attention to ensure that security interests properly attach and are perfected, as slight errors can have devastating consequences on security interests.

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