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 interest in a piece of farm equipment: a 7215R Tractor. On the UCC Financing Statements, one...
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*Post updated 6/16/2021 to include official enactment*
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....
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...
Wyoming House Bill Further Defines a Digital Asset In 2019, Wyoming was the first state to enact blockchain-enabling laws, and to clarify the...
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...
Does Warranty Work Extend the Mechanic’s Lien Deadline? Not in Washington We are frequently asked whether punch list or warranty work will extend the...
It’s Important to Know the Project Type: whether a Project is Private, Public, or Federal Construction projects generally fall into one of three...
UCC Terminated without Authorization, Do You Still Have a Perfected Security Interest? To have your UCC filing terminated without authorization is...
Can Your UCC Filing be Revived if You Knowingly Let It Become Unperfected? Can a UCC be “revived” if you knowingly fail to timely file an amendment...
