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Abbreviated Name Makes UCC Financing Statement Defective

In In re Bryant, the U.S. Bankruptcy Court for the Middle District of Georgia determined that a lender's UCC-1 financing statements were "seriously misleading" under the Georgia Commercial Code because the financing statements identified the individual debtor with his middle name abbreviated.

8 minute read September 01, 2021 at 12:05 AM
By
Rudolph J. Di Massa Jr. and Keri L. Costello
Abbreviated Name Makes UCC Financing Statement Defective

In In re Bryant, (Bankr. M.D. Ga. June 7, 2021), the U.S. Bankruptcy Court for the Middle District of Georgia determined that a lender's UCC-1 financing statements were "seriously misleading" under the Georgia Commercial Code.

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