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By Bruce Wilson
The United States Bankruptcy Court for the Northern District of West Virginia recently held that a UCC-1 financing statement properly submitted to, but mis-indexed by, the UCC filing office was effective...
By Bruce Wilson
Many "all assets" UCC financing statements contain language in the collateral description which expands upon, illustrates or explains that "all assets" means all of a debtor's assets.
By Bruce Wilson
The Puerto Rico Oversight, Management, and Economic Stability Act, Pub. Law 114‐187 ("PROMESA" or the "Act"), was enacted into law on June 30, 2016.
By Bruce Wilson
Two bankruptcy courts recently have issued opinions that invalidated "golden share" provisions in a bankruptcy-remote entity's organizational documents.
By William McCartney
On February 17, 2009, the President signed the American Recovery and Reinvestment Act, popularly known as the stimulus package. Among other provisions, the Recovery Act included provisions which temporarily increase certain qualified transportation fringe benefits.