UCC Filings: Secured Transactions Overview
Download this paper to learn more about the scope of Article 9, including conveying a security interest and perfection, security interest priorities, defaults, and remedies.
Your Top 10 Lien Waiver Questions Answered
Download this quick read to get your lien waiver questions answered!
How UCCs Can Enhance Personal Guarantees
Personal Guarantees are an effective and popular credit tool, but they do have limitations. UCC filings can help!
Public Projects & Preliminary Notices: Preliminary Notices Aren't Just for Private Projects
Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights?
Critical. Correct. Complete. The Three C's of Job Information
In this article, we will review the vital role of job information in protecting your mechanic’s lien and bond claim rights, including necessary pieces of job information, providing best practices for gathering project information and reviewing case examples where better project information could have saved claimants’ mechanic’s lien and bond claim rights.
Post 2010 Amendments, Article 9 of the Uniform Commercial Code is Popping Up in Courts
It comes as no surprise that with the 5 year anniversary of the implementation of the 2010 Amendments, we begin to see cases where courts are called on to determine whether a security interest has been properly perfected. In this article, we review a few recent cases which address issues such as seriously misleading Financing Statements, compliance with Article § 9-503, a case relative to the right of repossession and, finally, a case on a properly perfected security interest in a liquor license.
Everything You Should Know about Notices of Commencement and Their Role in Securing Your Lien Rights
A notice of commencement is a notice typically recorded by the owner of a construction project, in the county where the project is located, prior to materials or services being provided to the project. Download this resource to learn more about Notices of Commencement and their critical role in securing mechanic's lien & bond claim rights!
Broad Changes Ahead for Ontario’s Construction Act with Implementation of New Legislation
The review of Ontario’s Construction Lien Act (Act) began in February 2015 and in August 2016 the review committee presented its recommendations for improving the Act, which we've previously discussed.
The committee reviewed the Act for lienability, preservation & perfection of liens, holdbacks, legal procedure, construction trusts, prompt payment, adjudication, surety bonds etc.
In this article, we will review the broad changes being made to the Act, through Bill 142, as well as anticipated implementation dates.
You Need a Preliminary Notice Program, Not a Mechanic's Lien Program
You need a Preliminary Notice program, not a Mechanic's Lien program. Download this resource to learn more about how a Preliminary Notice program will improve your DSO, improve your cash flow & reduce your risk.