The panel will discuss:
- Case law: 1944 Beach Boulevard, LLC v. Live Oak Banking Company, which considered whether a minor error in the listed name of a debtor will render a UCC financing statement legally insufficient. The panel will explore what this means for due diligence and discuss how firms currently handle such matters as debtor naming and collateral descriptions.
- UCC secured party representative filings: Under revised Article 9 in the UCC code, a representative of the secured party can appear on the UCC financing statement in lieu of the secured party. Our experts will discuss how this impacts firms conducting due diligence best practices.
- New Article 12: Panelists discuss electronic ledgers and highlight what you need to know from this new article, which promises to provide clarity to Article 9 amendments–making it easier to understand how to perfect a security interest in digital assets such as cryptocurrency, NFTs, and more.
Who should join:
- Paralegals, attorneys, and in-house counsel who handle due diligence
Meet the panel:
Moderator
Dan Lias – Transactional Business Consultant
CT Corporation
Dan is the Transactional Business Consultant for CT, covering the Midwest region. He works with law firms for their due diligence searches and filings, shares his deep understanding of the market, and assists with strategy development to meet his clients’ specific needs. Read more about Dan.
Panelists
Shane L. Hanna – Partner
Parsons Behle & Latimer
Shane is a deal attorney with more than 25 years’ experience. He effectively and efficiently advises and guides clients to support their business objectives, providing valuable knowledge and insights at all stages. Shane regularly assists clients with formation and organization matters, corporate governance, debt and equity financings, securities matters, mergers and acquisitions, technology transactions, and other matters. Read more about Shane.
Bart D. Wall – Partner
Bryan Cave Leighton Paisner
Bart has substantial experience with both secured and unsecured financings, with a particular emphasis on secured financings and intercreditor and debt subordination negotiations. His practice also concentrates in the structuring and documentation of transactions involving hedging transactions and securities lending and repurchase transactions. Read more about Bart.
Barbara M. Goodstein – Partner
Mayer Brown
Barbara’s experience consists of commercial and structured financing of transactions for a wide range of asset types. She also has extensive debt workout and restructuring experience primarily representing senior creditors and syndicate groups, bondholders, and secured creditors both in and out of bankruptcy; foreclosures, DIP and exit financing; contested and consensual bankruptcy matters; and other financial and legal restructurings. Read more about Barbara.