BarbriSFCourseDetails
  1. keyboard_arrow_leftBack

Course Details

Course Information
  • smart_display Format

    Live Online with Live Q&A

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Banking and Finance

Date & Time
  • event Date

    Tuesday, September 30, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

$347.00

This course is $0 with these passes:

CLE
ALL

This CLE course will outline best practices for secured lenders regarding filing and searching methods under the Article 9 filing rules. The program will also address recent case law developments and the impact on searching and filing from the 2022 amendments to the Uniform Commercial Code.

Faculty

Edwin E. Smith
Partner
Morgan, Lewis & Bockius LLP

Mr. Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He is particularly knowledgeable on commercial law and insolvency matters, both domestic and cross-border. His representations have included those in major bankruptcies including Lehman and the City of Detroit. Mr. Smith often advises financial institutions on documentation and risk management issues.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Steven O. Weise
Partner
Proskauer Rose LLP

Mr. Weise practices in all areas of commercial law and has extensive experience in financing, especially in those secured by personal property, including structured financing. He is regarded as one of the foremost authorities on Article 9 of the UCC. He is a member of the Permanent Editorial Board for the UCC and a member of the American Law Institute’s UCC Article 9 Drafting Committee. Mr. Weise is also the past chair of the American Bar Association’s Business Law Section Legal Opinions Committee.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio

Description

Critical Article 9 practices include providing the debtor's correct name on a financing statement for an individual debtor, an organization debtor, a registered organization debtor, and a debtor holding assets in trust; addressing after-acquired assets if the debtor changes location or merges; and completing the right national form of the financing statement. Further, the 2022 UCC amendments provide additional rules for the perfection and priority of security interests in controllable electronic records, controllable accounts, and controllable payment intangibles.

UCC practitioners must be aware of the potential pitfalls of the procedures and exercise due diligence to ensure that security interests are properly perfected and priority protected.

Listen as our expert panel discusses the key provisions of the secured lending rules under UCC Article 9, focusing on filing procedures, searching methods, and due diligence practices, as well as recent court decisions and the impact of the 2022 UCC amendments. The panel will also discuss recent case law developments and outline best practices for lenders operating under the rules.

Outline

I. General procedures

A. Filing procedures

B. Filing rules for trusts

C. Debtor's name

D. Change in debtor's location or merger

E. National forms

F. Searching methods

II. New York non-uniform provisions

III. Recent case law developments and the potential impact of the 2022 UCC amendments

IV. Pitfalls and traps for the unwary

V. Due diligence practices for secured lenders

Benefits

The panel will review these and other key issues:

  • What were the fundamental changes in the UCC Article 9 rules related to searching and filing?
  • What are lessons from operating under the rules and recent litigation and court decisions?
  • How are UCC practitioners managing searching, filing, and monitoring responsibilities?
  • What impact do the 2022 UCC amendments have on searching and filing?