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Originally Aired May 3, 2012. The UCC search and filing process is not always intuitive.  Many due diligence and loan documentation practices that appear to make sense can, in practice, place the lender’s security interest at substantial risk.  This program provides numerous actual examples of subtle but common UCC traps for the unwary lender and offers guidance for how to avoid risky practices.

What you will learn:

• The counter-intuitive nature of debtor name sufficiency requirements.
• Why some lenders stray from sound due diligence practices.
• Tips for avoiding mistakes that can create liability for the lender.
• Best practice suggestions for reducing procedural risks to perfection and priority. 

Presented by:

Paul Hodnefield, Associate General Counsel, Corporation Service Company