UCC Article 9 Update
Preparing for Pending Changes to Filing and Search Procedures, Lender Due Diligence and More
Recording of a 90-minute CLE webinar/teleconference with Q&A
Conducted on Tuesday, January 10, 2012
Recorded event now available
This CLE webinar will prepare commercial finance attorneys to handle the changes in areas affected by the UCC 2010 Amendments both during the transition phase and after the amendments take effect.
Description
New UCC Article 9 secured lending rules will change filing procedures, searching methods and due-diligence practices for lenders. Financing statements in progress now should be drafted to comply with the new statutory requirements to avoid having to file an amendment.
Key areas covered include clarification of the debtor’s name, an expanded definition of “registered organization,” clarification of filing rules for trusts, greater protection for after-acquired property if debtor changes location or merges, and modification of the national form of financing statement.
Preparing for the 2010 Amendments will be necessary during the transition phase. Counsel must identify how the Amendments will affect transactions entered into prior to the effective date and understand how to maintain perfection of security interest with respect to those transactions.
Listen as our authoritative panel of attorneys discusses the key provisions of the new UCC Article 9 secured lending rules, focusing on changes in filing procedures, searching methods and due-diligence practices, and identifying ways to prepare during the transition phase.
Outline
- Changes in the 2010 Amendments
- Filing procedures
- Filing rules for trusts
- Searching methods
- Debtor’s name
- Change in debtor’s location or merger
- National forms
- Preparing for transition phase
- Due diligence practices
Benefits
The panel will review these and other key questions:
- What are the key changes for secured lenders in the 2010 Amendments?
- How should counsel best prepare for the new rules before they take effect?
- What pitfalls should lenders avoid when entering into secured transactions, in light of the impending Amendments?
Faculty
Edwin E. Smith,
Partner
Bingham McCutchen, New York
He co-chairs the firm’s Financial Services Area, focusing his practice in general corporate and commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He actively participated in the drafting of a number of the recent revisions to the Uniform Commercial Code (UCC). He is a frequent speaker for bar and trade organizations.
Richard R. Gleissner,
Gleissner Law Firm, Columbia, S.C.
He is certified by the South Carolina Supreme Court as a specialist in bankruptcy and debtor-creditor law. He has extensive experience representing creditors, debtors, and trustees in bankruptcy and in representing litigants in South Carolina state and federal courts. He is a frequent lecturer and author on various topics associated with commercial law.
Kevin Caiaccio,
The Caiaccio Law Firm, Atlanta
He concentrates his practice in all aspects of commercial real estate law. His expertise extends to the business side of real estate investment as a result of his long-standing relationships with sponsors, lenders, developers and investors. He is a frequent lecturer on topics involving commercial real estate law and has published on issues related to the UCC article 9.
Ordering
Online CLE - Audio Recording
Includes audio streaming of full program plus handouts (available 24 hours after live seminar).
CLE:
Pre-approved for participatory or non-traditional/alternate format credit in: CA, HI*, NY*, WV*.
Pre-approved for self-study credit in: AK, AZ, MO, MT, TX*, UT, VT, WA.
Upon request, also available in: CO, CT*, FL, GA, ID, KY, LA*, ME, NC, ND, NE, NH, NM, NV, OR*, SC, TN, WI, WY. If you are applying for credit in one of these states, make sure to select those states when placing your order.
(*Indicates that Strafford must report attendance.)
Online CLE Audio $297.00
Available 24 hours after the live event
Recorded Event
Includes full event recording plus handouts (available after live seminar).
CLE: Pre-approved for self-study credit in: AK, AZ, CA, CT, HI, MO, MT, NY, TX*, UT, VT, WA, WV. Upon request, self-study credit is also available in: CO, FL, GA, ID, KY, ME, ND, NE, NH, NM, NV, OR, WI, WY. If you are applying for self-study credit in one of these states, contact Strafford CLE at 1-800-926-7926 ext. 35 or CLE@straffordpub.com. (*Indicates that Strafford needs to process the CLE — see below to purchase this option.)
Webinar Download (Slide Presentation with Audio) $297.00
Available three business days after the live event
DVD (Slide Presentation with Audio) $297.00
plus $9.45 S&H
Available ten business days after the live event
MP3 Download (Audio with Slide PDFs) $297.00
Available 24 hours after the live event
CD (Audio with Slide PDFs) $297.00
plus $9.45 S&H
Available ten business days after the live event
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Program Materials
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Program Materials
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CLE Credit
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Customer Reviews
I liked the problem breakdown with the actual language to be changed in the Amendment.
Shirley Huntemann
Godfrey & Kahn, S.C.
The webinar was very informative on very pertinent matters and had a good flow.
Noam Wiener
Allen & Overy LLP
The speakers had excellent slides which made their points clear. Also, they talked about their experiences with clients, not just the theory, but the actual practice.
Dianne Pallmerine
Convenient and well-organized. Well-run program.
Michael V. Kruljac
IMERYS
The speaker's command of the subject matter and his ability to explain difficult concepts in a way that could be understood by everyone was great.
Craig Cockrell
Mitchell Williams Law Firm
Finance Law Advisory Board
Partner
Gibson Dunn & Crutcher
Partner
Nixon Peabody
Partner
Alston & Bird
Counsel
Mayer Brown
Partner
O’Melveny & Myers
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