This is the second in a series of articles on liens in proceeds under Article 9 of the Uniform Commercial Code.
Frank PeretoreThis is the second in a series of articles on liens in proceeds under Article 9 of the Uniform Commercial Code.
As illustrated in the first installment of this article, the continuation of a lien in proceeds can cause priority problems, and this becomes especially true when there is a conflicting security interest in the collateral to which the proceeds have been recast.
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