The Privy Council has clarified that the duty of care to "obtain the best price reasonably obtainable" in the sale of secured collateral does not require a secured party to improve an asset before ...
The March 2020 Commentary and its accompanying amendments to the Official Comments are critical steps in getting the commercial finance industry and, more importantly, courts aligned on how 9-406 and ...
August 30, 2025 @ 5:06 pm By Joshua Ashley Klayman, Danelle Le Cren, John Hwang, Michael Bassett, Philip Lee and Jessica Blatz Imagine this: A lender, confident in its documentation, makes a secured ...
Recent Delaware case law clarifies that secured creditors do not lose priority by inaction after default, favoring the “trace and recapture” approach. The court emphasized that rights depend on the ...
NEW YORK, April 07, 2026--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance today announced the introduction of new, first-to-market secured party access capabilities within its ...
An expert Q&A on recent trends relating to pledges of limited liability company (LLC) or limited partnership (LP) ownership interests as collateral in connection with secured financings. Tarik’s ...
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