UCCs Have Priority Over 503(b)(9) Claims
503(b)(9) Claims & Consignment Agreements are No Match for Properly Perfected UCCs Businesses file for bankruptcy protection; it is an unfortunate...
Credit Risk Management (3)
Arbitration is Alternative Dispute Resolution
Dispute Resolution Alternative: What is Arbitration? Arbitration, like mediation and adjudication, is a form of alternative dispute resolution and is...
Name Change Could Jeopardize Your Security Interest
Be Careful, Your Security Interest May Be in Jeopardy if Your Customer’s Name Changes The accuracy of critical data within your UCC Financing...
A Demand to Commence Suit May Shorten Your Deadline
Did You Receive a Notice to Commence Suit? Your Suit Deadline May Be Shorter Than You Think The mechanic’s lien and bond claim processes follow the...
Retail Bankruptcy and the Impact on the Landlord
Bankruptcy, Bankruptcy Everywhere. Landlord, Landlord Have No Fear Landlords are impacted by retail bankruptcy, too! The hot topic continues to be...
DIP Financing: What Is It? Who Provides It?
DIP Financing: What Is It? Who Provides It? What If You Filed a UCC? DIP stands for Debtor in Possession. When a business files for chapter 11...
Unsecured Creditors in Retail Bankruptcy Lose Out
The Importance of Being a Secured Creditor in Today’s Retail Climate In today’s highly credit-based economy, the looming threat of debtor bankruptcy...
UCCs and Liens Make Your Company a Payment Priority
Use UCC Filings and Mechanic’s Liens to Make Your Company a Payment Priority Businesses prioritize how, when and which vendors are paid and often pay...
Carefully Review Settlement Agreements
Carefully Review the Settlement Agreement & Be Prepared to Accept the Terms of the Agreement In Degraw Const. Group, Inc. v. McGowan Bldrs., Inc.,...
Four Signs Your Customer May Be in Financial Distress
Four Signs Your Customer May Be in Financial Distress Business failure is inevitable. It is imperative that you, as a creditor, protect yourself from...