Of all the documents utilized in a secured transaction, intercreditor agreements are often the most heavily negotiated and the most precisely drafted. While the majority of the other documents are ...

In a little-noticed development, eight states have enacted legislation that requires specific disclosures for commercial non-real estate secured financing transactions. Recently, California, ...

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Proper attention to the unsexy “Uniform” Commercial Code financing statement may well be the single most consequential checklist item in a secured bond financing from the perspective of bondholder ...