Increasing Client Requirements: Securing Law Firms for the 21st Century
Gone are the days of “basic security.” What used to be optional is now standard: two factor authentication, complex passwords, clean desk policies, data encryption at rest and in transit, mobile device management and up-to-the-minute patching. Clients expect these items...Continue reading→
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 to subsequent creditors of a prior security interest in personal property . ...Continue reading→
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 Capital, LLC v. Cobb, decided on May 6, 2019, the California Supreme...Continue reading→
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 general can be described as a decentralized, shared, public ledger that is...Continue reading→
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 a variety of industries. As discussed in our first article, blockchain technology...Continue reading→
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 that should grab every commercial lenders’ attention, a bankruptcy court in the...Continue reading→
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 process jointly overseen by both of golf’s supreme governing authorities–the United States...Continue reading→
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 held that a bank does not owe a duty of care to...Continue reading→
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 31, 2018, mandates that certain “providers” of “commercial financing” provide a list...Continue reading→