Banking and Finance Alert: Court Rules Lender's Intent is Irrelevant in Authorizing UCC Termination Statement
This alert discusses a recent decision by the United States Court of Appeals for the Second Circuit ruled that an authorized UCC termination is effective, even though the secured party did not intend for the specific termination to occur.
We use cookies on this website to optimize user experience and site functionality and to give you the best possible experience. We do so with your approval. The choice is up to you. Learn more.