Therefore, in such cases the insolvency administrator of a judicially insolvent debtor may claim repayment or request invalidation of security interests
Patent and Trademark Office does provide a system for recording security interest
13) On the most basic level, any credit transaction will be made more affordable for the debtor if the creditor can take a security interest
in the debtor's assets.
The bank countered the trustee's assertion that no security interest
had attached by relying on what has come to be known as the "Composite Document Rule.
Parties who have security interests
that were created prior to the effective date of Revised Article 9, should review the rather complex transition model rules and all variations by their state carefully to ensure proper steps are taken to retain the status of the security interest
as perfected and enforceable under Revised Article 9.
As a special rule of law, a cooperative security interest
may be perfected by 'filing a financing statement.
The new law modernizes the system of perfecting security interests
, formulating clearer rules for enforcement of security interests
, and setting forth new priority rules that make the laws more efficient and predictable.
115(2) provides that the "attachment or perfection of a security interest
in a securities account is also attachment or perfection of a security interest
in all security entitlements carried in the securities account.
As additional collateral, Fleet held a security interest
in the borrower's equipment, inventory, fixtures and realty, including the borrower's plant or facility.
The author addresses a variety of subjects, including introductory and basic information, creation of a security interest
, sale and deficiency, initial filings and amendments, exceptions to perfection by filing, secured party v.
New Delhi, Oct 13 (ANI): The Union Cabinet on Thursday approved introduction of the Enforcement of Security Interest
and Recovery of Debts Laws (Amendment) Bill, 2011 in the Winter Session of Parliament.
national security interest
to sustain a competitive and sound defense industrial base on U.