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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*
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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....
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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...
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Wyoming House Bill Further Defines a Digital Asset In 2019, Wyoming was the first state to enact blockchain-enabling laws, and to clarify the...
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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...
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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...
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It’s Important to Know the Project Type: whether a Project is Private, Public, or Federal Construction projects generally fall into one of three...
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UCC Terminated without Authorization, Do You Still Have a Perfected Security Interest? To have your UCC filing terminated without authorization is...
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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...
