UCC 9-615 defines what the secured party must do with the proceeds of a sale and what they can be applied to. This video will provide an overview that will help the borrower, lender, and their lawyers to understand distributions and deficiency.
Agenda
Faculty
Hugh McCullough
Davis Wright Tremaine LLP
- Partner in the Seattle office of Davis Wright Tremaine LLP
- Advises clients in litigations and transactions involving bankruptcy, the payments industry, and secured financings
- He regularly helps clients with matters that never reach a courtroom, but in cases requiring litigation, he has argued and won in the Washington Supreme Court, the 9th Circuit Court of Appeals, and federal courts around the country
- Conducts regular seminars on topics related to bankruptcy and the rights of secured creditors
- Member of the American Bankruptcy Institute and the Turnaround Management Association
- J.D. degree, cum laude, Northwestern University School of Law; B.A. degree in history and political science, Kansas State University
- Can be contacted at [email protected] or 206-622-3150
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