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Guidance for Paralegals When Filing UCC1 Forms and How to Prevent Common Mistakes

 

Gain a better understanding of the laws, regulations, and common mistakes made when filing financing statements.

A secured party usually must file UCC-1 financing statements to perfect its security interest. Mistakes can negatively affect the priority of a secured party's interest in collateral and prove costly. This presentation will help those responsible for reviewing and filing financing statements understand the laws and regulations regarding financing statements, common mistakes made when filing financing statements, and best practices to avoid mistakes.

Agenda

Faculty

John W. Masland

John W. Masland

Blank Rome LLP

John Masland

  • Partner with the law firm of Blank Rome LLP
  • Practice focuses on financial services and commercial lending
  • Represents banks, financial institutions, equity sponsors, and borrowers in connection with a wide range of transactions, including asset-based and cash-flow debt financing
  • Experience includes unitranche and syndicated facilities, cross-border transactions, and acquisition financings
  • Bowdoin College; Boston University School of Law
  • Can be contacted at 424.239.3421 or [email protected]
John Louros

John Louros

Blank Rome

  • Associate, Blank Rome
  • Concentrates practice on finance, restructuring, and bankruptcy matters
  • Represents investment banks, financial institutions, and borrowers in connection with a wide range of transactions, including asset-based lending, secured transaction, syndicated finance transactions, and cross-border transactions
  • Pennsylvania State University; New York Law School
  • 212.885.5162 | [email protected]

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