Secured Creditors Beware of Your Descriptions, Nomenclature and Terminations

Secured creditors can learn a great deal from a few recent bankruptcy cases involving the Uniform Commercial Code that remind us that the “devil is in the details.” These cases show that it is unrealistic to expect forgiveness by a court after a misstep involving Article 9 of the UCC.

12 minute readDecember 01, 2018 at 12:05 AM
By
Deirdre M. Richards
Howard C. Rubin
Secured Creditors Beware of Your Descriptions, Nomenclature and Terminations

Secured creditors can learn a great deal from a few recent bankruptcy cases involving the Uniform Commercial Code that remind us that the “devil is in the details.” These cases

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