4 min read
Yes, UCC Filings Work, and Here’s a $95,000 True Story With a properly perfected security interest (aka UCC filing), you can recover funds (or inventory/equipment) from your customer in the event of default or bankruptcy. Of course, as a brilliant...
Read More
2 min read
Notice, Mechanic’s Lien, and Bond Claim Legislative Updates 2021 In 2021, several states have enacted legislative updates to their mechanic’s lien...
5 min read
Credit Research Foundation Survey: The Use & Impact of Securitization on A/R During the Pandemic Originally published in The Credit Research...
1 min read
Residential Mechanic’s Liens and Payment Bonds for Public Projects Arkansas recently passed two House Bills. HB 1835, which changes the notice...
3 min read
UCC 9-503(a), Its Frenemy 9-506, and the Fate of One Creditor’s Security Interest In a recent Chapter 12 bankruptcy case, two creditors competed for...
3 min read
*Post updated 6/16/2021 to include official enactment*
2 min read
What are the Changes? Iowa Governor, Kim Reynolds, has signed HF 561 into law. The bill contains two key changes to Iowa’s mechanic’s lien law....
3 min read
For Whom the Mechanic’s Lien Deadline Tolls; New York Mechanic’s Lien Extended Did the March 20, 2020 Executive Order issued by Governor Andrew Cuomo...
2 min read
Wyoming House Bill Further Defines a Digital Asset In 2019, Wyoming was the first state to enact blockchain-enabling laws, and to clarify the...
2 min read
Minnesota’s Prelien Notice Deadline is 45 Days, Not 72 What happens when your preliminary notice is late? In Minnesota, you may lose your mechanic’s...
