1. What's a Fixture? State Law continues to determine what is a "fixture." The only help the UCC offers is in Section 344(a), which says, in effect, that the term does not include "ordinary building materials incorporated into an improvement... Read More
Understanding Sales and Leases of Goods offers a concise, yet comprehensive survey and analysis of the legal principles that affect the law governing sales and leases of goods. Clearly written and logically organized, this book presents an integrated... Read More
There are many ways for a supplier to bring its products or services to market. It may sell directly through employees to the ultimate user. It may sell through commission sales agents who do not take title. It may sell to independent wholesalers or distributors... Read More
The last several months may have seemed a bit like a reunion for veteran banking litigators, Hughes Hubbard & Reed’s Dennis Klein told participants at the opening of a two-day conference on the FDIC and the New Banking Crisis held in mid-January... Read More
Antitrust law is a specialized area of the law that focuses on the balance between consumer protection and free commerce. Antitrust and trade practice implicate the availability, variety and price of any good or service at any stage of development worldwide... Read More
Increased international trade and the growing global economy have brought transportation law to the forefront in recent years. Transportation Law focuses on the legal issues affecting the aviation, railroad, motor carrier, and water industries. Attorneys... Read More
The outrage over the millions in taxpayer dollars paid in bonuses to AIG employees induced a frantic search to discover ways to address this putative injustice. Leading contract law authority Dr. John Murray, Jr. examines several tenets of contract law... Read More
John Councellor was the president and controlling stockholder of First Metals and Plastics Technologies, Inc. He loaned the company more than $200,000 and filed a financing statement with the Indiana Secretary of State's office on December 30, 2002... Read More
Ensuring uninterrupted cashflow is a key element of securitized mortgage documentation. A SECURITIZED MORTGAGE LOAN is a commercial real estate mortgage loan that is underwritten and documented to ensure that it will be marketable to investors in the... Read More
As a condition to getting a loan, a business is usually required to provide assets as security or collateral. The borrower signs a security agreement giving the lender the power to foreclose on the assets if the business defaults on the loan. Depending... Read More
A lender perfects its security interest in U.S. government receivables by compliance with Article 9 of the Uniform Commercial Code (UCC). However, in order to ensure that it receives payments directly from the applicable governmental agency on such U... Read More
Public or government contracts law deals with the complex and specialized body of statutes and regulations that govern the acquisition of goods and services by the government. The federal government and each state government have their own rules and regulations... Read More
SUMMARY: As the economy continues to weaken across all sectors, consignment arrangements may become more attractive to dealers. In the typical consignment, the consignor is a manufacturer of goods that wishes to sell them in the market. The consignee... Read More
Some of the large land-title insurance companies now offer Uniform Commercial Code ("UCC") insurance policies. UCC insurance provides indemnity insurance for the attachment, priority, and perfection of the lender's security interest (there... Read More
The task of drafting and negotiating a commercial lease can be daunting to the uninitiated practitioner. The attorney must not only have a grasp of the basic real estate concepts underlying a lease agreement, but also must have a working knowledge of... Read More