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 ...
A charging order is a device used by a judgment creditor to collect on a judgment against an LLC member. The charging order imposes a lien on the judgment debtor’s economic (or “transferable”) ...
Proper attention to the unsexy “Uniform” Commercial Code financing statement may well be the single most consequential checklist item in a secured bond financing from the perspective of bondholder ...
Problem/situation: The volume of paperwork generated by UCC filing requirements makes for long turnaround time and creates a drag on commerce. Solution: Automation of the UCC filing systems.
Series trusts, limited partnerships and limited liability companies have been a feature of certain business sectors for years. The series concept originated in the mutual fund and captive insurance ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Jared Ecker is a researcher and fact-checker. He ...