Can Subsequent Creditors Rely Upon the Accuracy of Existing UCC-1 Financing Statements?
Collateral descriptions in Uniform Commercial Code (“UCC”) financing statements have been the genesis of numerous conflicts between creditors. The purpose of a financing statement is to give notice […]
Clearing Up A Black Sky, California Supreme Court Expands Creditors’ Deficiency-Judgment Rights
By Brian L. Bloom and Gerrick Warrington The law is often complex and convoluted. But in some cases, the law is remarkably simple and straightforward. In Black Sky […]
Part III: Blockchain Beyond Bitcoin
As the third and final article in our series on blockchain technology, we will discuss how the burgeoning technology will affect the financial industry. To review, blockchain in […]
Part II: Blockchain Beyond Bitcoin
As part two of our three part series on blockchain technology, we will provide an overview of the many different applications of blockchain and how it will change […]
Oversecured Creditor Not Prevailing Party – What Law Governs Fees?
In Bankruptcy, Are Both the Prevailing Party and the Oversecured Creditor Entitle to Attorneys’ Fees When the Oversecured Creditor Loses the Action on a Contract? In a case […]
The Rule’s of Golf… They Are A Changin’
On January 1, 2019, the most significant and game-altering changes in decades to the Official Rules of Golf will take effect. Implemented after a multi-year vetting and commenting […]
A Bank Does Not Owe A Duty Of Care To Non-Customers
Recent Federal Case Reaffirms California Law Holding that Absent Extraordinary and Specific Facts, a Bank Does Not Owe a Duty of Care to Non-Customers California law has long […]
Coming Soon to California: Consumer-Like Disclosures to Certain Commercial Extensions of Credit
On September 30, 2018, California Governor Jerry Brown signed into law Senate Bill 1235 (SB 1235). SB 1235, which overwhelmingly passed the State Legislature and Senate on August […]
LIBOR Replacement (SOFR…. so far …) and what about those zombies?
It is well known that LIBOR is going away in 2021. Much has been said and written about this fact, and the reasons for its demise, since the […]