UCC Article 9 Secured Transactions Law
Legal Research
Addressing the many challenges of Uniform Commercial Code Article 9 is not for the inexperienced. It is of utmost importance that you work with a research attorney with an understanding of this complex field.
The research attorneys at the National Legal Research Group have years of experience helping our attorney-clients understand the intricacies that accompany secured transactions cases.
We have assisted our clients with the research and preparation of some of the following Uniform Commercial Code-related information and filings:
- Ambiguous contract terminology
- Contract mistakes
- Sale of goods
- Security interests
- Breach of contracts
- UCC addendums
- Statement of claims
- Attachments and perfections
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Attachment and Perfection
The Uniform Commercial Code Article 9 contains two basic concepts, “attachment” and “perfection,” which often appear to be misleadingly simple. Our attorney-clients frequently feel relief when they contact NLRG for assistance in breaking down and researching this short but important article.
Attachment occurs when the security interest is enforceable against the debtor granting the security interest. Perfection occurs when the creditor establishes his or her priority in relation to other creditors of the debtor.
The National Legal Research Group assists in perfecting a creditor's interest, so that the creditor may use the collateral to satisfy the debtor’s responsibility when the debtor defaults. We have assisted our attorney-clients with filing financing statements in the applicable court so that priority can quickly be established.
NLRG is proud to assist our clients by researching and advising on the following aspects of UCC Article 9:
- Perfection
- Choice of law
- The filing system
- Consumer transactions
- Default enforcement
Resolving UCC Issues
NLRG has successfully found and helped our clients implement remedies for a variety of UCC related filings and lawsuits. Remedies such as:
- Collection and enforcement of liquid assets, accounts receivables, general intangibles, deposit accounts, and other intangible assets
- Repossession as an incentive for the debtor to comply with an outstanding security agreement or as collateral
- Dispositions including sales, leases, licensing or other disposition of collateral
- Acceptance of collateral
- Secured party non-compliance
The research attorneys at the National Legal Research Group have long provided our clients with remedies and tools to resolve even the most complicated UCC issues. These tools can be helpful to secured parties even when security agreements seem void of actionable remedies.
For your UCC Article 9 Secured Transaction issues or questions, trust the research team at NLRG to provide you with the most detailed, up-to-date information and applicable law.
MEET OUR TOP UCC article 9 LEGAL RESEARCH ATTORNEYs
Senior Research Attorney Jeremy Taylor
B.A., College of William and Mary, 1983. J.D., Marshall Wythe School of Law, College of William and Mary, 1986. Member, Virginia, U.S. Fourth Circuit and Eleventh Circuit Courts of Appeals Bars. Jeremy joined NLRG in 1986 and is the editor of our Products Liability Update. His areas of expertise include Administrative Law, Evidence, Personal Injury, Immigration, Civil Procedure, and Products Liability/Consumer Protection. In addition, Jeremy has extensive experience in the areas of medical malpractice, corporate and partnership law, including shareholder relationship issues arising in close corporations, and in professional licensing matters in the administrative law setting. Read Full Bio
Senior Research Attorney Alistair Edwards
B.A., University of Virginia, 1994. J.D., University of Florida Law School, 1998. Member, Maryland and D.C. Bars. Admitted, Fourth Circuit Court of Appeals. Prior to joining NLRG, Alistair clerked for a Maryland circuit court judge and worked in the litigation department of a Washington, D.C.-based law firm. Alistair concentrates on Property, Contracts, and Commercial Law. He has in-depth experience in mortgages, commercial and residential transactions, landlord and tenant law, adverse possession, easement law, real estate contracts, real estate financing, construction law, and oil and gas law. Read Full Bio
Senior Research Attorney Charlene Hicks
B.A., Brigham Young University, 1989. J.D., Marshall Wythe School of Law, College of William and Mary, 1994, where Charlene was a member of the Law Review and was inducted into the Order of the Coif. Member, Virginia Bar. Charlene joined NLRG in 1994. She focuses on Contracts, Commercial Law, Corporations, Creditors' Rights, and Civil Procedure. Areas of expertise include arbitration, construction law, employment contracts, government contracts, agency, U.C.C. matters, arbitration issues, corporate formation, franchises, unfair trade practices, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and motion and appellate practice. Read Full Bio
