Search & Filing Resources

New Bankruptcy Tracking Service Helps to Limit Losses

With Bankruptcy Tracker, the new service from Corporation Service Company, companies can now receive nearly-instant notification if one of their customers has filed for bankruptcy.

The Long and Winding UCC Debtor Name

By Paul Hodnefield

UCC filers occasionally struggle with a perplexing issue – how to fit an extremely long organization debtor name into the space available on the financing statement form.

Virginia Adopts Non-uniform UCC Debtor Name Legislation

By Paul Hodnefield

On March 27, 2009, Virginia became the latest state to adopt a safe harbor for individual debtor names under UCC Article 9. The new law will take effect on July 1, 2009.

UCC Fixtures: Perfection, Priority & Lapse Dates

By Paul Hodnefield

Secured parties sometimes get confused about the different options for perfecting a UCC Article 9 security interest in fixtures. Any confusion in the process can have significant repercussions.

Changes in the Works for UCC Article 9

By Paul Hodnefield

A process is now underway that will likely result in the first changes to UCC Article 9 since the enactment of Revised Article 9 in 2001. Some of the issues that may be addressed through statutory amendments to Article 9 could have a significant impact on the UCC filing process.

Be Sure to Search All Relevant UCC Debtor Names!

By Paul Hodnefield

The starting point for conducting a UCC search is to identify the correct name of the debtor. A financing statement is sufficient under Article 9 only if it provides the correct name of the debtor or if a search of the correct name would disclose the record.

UCC Debtor Names - Corporate Endings Do Matter!

By Paul Hodnefield

By now, everyone should know the importance of getting the debtor name correct when filing a UCC financing statement. Yet, a significant number of UCC filers believe that certain errors in the debtor name really don’t matter.

New Texas UCC Legislation Changes Debtor Name Requirements

By Paul Hodnefield

Senate Bill 1540 amended the Revised Article 9 debtor name requirements found in § 9-503(a).1. The non-uniform amendments have already taken effect, so secured parties must immediately assess the impact of the law on their UCC filing procedures.

Delaware Statutory Trust Act, Limited Liability Company Act, and Delaware Revised Article 9

By Norman M. Powell

This article summarizes changes to several Delaware acts affecting CSC customers.

Filing Against Trusts and Trustees Under Revised Article 9 - Thirteen Variations

By Norman M. Powell

This article focuses on, and attempts to provide clarity with respect to, the seemingly ministerial tasks of filling out and filing financing statements in transactions in which trusts or trustees are debtors.