Learn how a UCC-1 Financing Statement secures a creditor's interest in a borrower's personal property and outlines the order of priority in business loans.

Important provisions in Article 8 of the Uniform Commercial Code (UCC) contain highly problematic elements that undermine Americans’ individual rights and threaten the stability of the U.S. economy.

Delaware recently joined nine states in approving changes to the Uniform Commercial Code (UCC) involving digital assets. Another 15 states and Washington, D.C. are considering the changes. The Uniform ...

There is an intense debate ongoing in the state of Tennessee about a bill to update its Uniform Commercial Code. In years past, this might have been seen as an uncontroversial and boring change to the ...

In July 2022, the Uniform Law Commission and American Law Institute approved new amendments to the Uniform Commercial Code (UCC). As the Uniform Law Commission states, “The Uniform Commercial Code ...

November 10, 2023 - States are actively developing comprehensive frameworks that more reliably enable the use of digital assets like cryptocurrencies, non-fungible tokens ("NFTs"), and other ...

Article 9 of the Uniform Commercial Code (UCC) governs secured transactions, and Part 6 of this article governs the rights and duties of the parties in the event of default. In the event of default by ...

The coronavirus pandemic made the legal system in New York much friendlier toward commercial property owners with assets in default who are facing a foreclosure sale under the Uniform Commercial Code ...

AuctionWorks, a division of AW Properties Global, LLC, today announced the upcoming public auction sales of equity, membership, and partnership interests in three separate commercial ventures pursuant ...

The UCC‑1 form is a staple of any secured lending practice. In the wake of the 2022 proposed Uniform Commercial Code (UCC) amendments, which have been adopted in 24 jurisdictions, many jurisdictions ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...