Gain a better understanding of the laws, regulations, and common mistakes made when filing financing statements.
A secured party usually must file UCC-1 financing statements to perfect its security interest. Mistakes can negatively affect the priority of a secured party's interest in collateral and prove costly. This presentation will help those responsible for reviewing and filing financing statements understand the laws and regulations regarding financing statements, common mistakes made when filing financing statements, and best practices to avoid mistakes.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
UCC Article 9
- Security Interests
- Financing Statements
- Filing Office
UCC Financing Statements
- Debtor Name
- Other Party Information
- Collateral
- Filing Location
Advanced Issues
- PMSI
- Fixtures
- Collateral Held in a Trust
Post-Filing
- Post-Filing Search
- Continuation
- Debtor Name Change
- New Debtor
- Change in Law
How to Avoid Mistakes
- Common Mistakes
- Best Practices
- Questions
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on September 29, 2022.
Call 1-866-352-9540 for further credit information.
- NALA 1.05
- This program is applicable for continuing legal assistant education credit. Please check with your accrediting board to see if this course will qualify towards your recertification requirements.
Program Length: 1.05 hour(s).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
John Louros
Blank Rome
- Associate, Blank Rome
- Concentrates practice on finance, restructuring, and bankruptcy matters
- Represents investment banks, financial institutions, and borrowers in connection with a wide range of transactions, including asset-based lending, secured transaction, syndicated finance transactions, and cross-border transactions
- Pennsylvania State University; New York Law School
- 212.885.5162 | [email protected]
John W. Masland
Blank Rome LLP
John Masland
- Partner with the law firm of Blank Rome LLP
- Practice focuses on financial services and commercial lending
- Represents banks, financial institutions, equity sponsors, and borrowers in connection with a wide range of transactions, including asset-based and cash-flow debt financing
- Experience includes unitranche and syndicated facilities, cross-border transactions, and acquisition financings
- Bowdoin College; Boston University School of Law
- Can be contacted at 424.239.3421 or [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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