/PRNewswire/ -- PLEASE TAKE NOTICE that, pursuant to Section 9-610 of the Delaware Uniform Commercial Code (the "Code"), CircleUp Credit Advisors LLC and...
On May 2nd, we published a report outlining numerous issues at Icahn Enterprises (IEP). The company responded on May 4th by failing to address any of the
Delaware Supreme Court issued Wells Fargo Bank, N.A. and Berkshire Hathaway Life Insurance Company of Nebraska v. Estate of Phyllis M. Malkin decision. Rejects idea that Delaware estate statute forecloses all defenses, disallows sued party premium recovery.
On May 26, 2022, the Supreme Court of the State of Delaware issued its decision in Wells Fargo Bank, N.A. and Berkshire Hathaway Life Insurance Company of Nebraska v. Estate of Phyllis...
Delaware Supreme Court issued Wells Fargo Bank, N.A. and Berkshire Hathaway Life Insurance Company of Nebraska v. Estate of Phyllis M. Malkin decision. Rejects idea that Delaware estate statute forecloses all defenses, disallows sued party premium recovery.
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Texas lien law in some cases does not require the filing of a financing statement for priority perfection. However, as you might have learned in
In re First River Energy, the Delaware Uniform Commercial Code did not recognize the priority of Texas producers’ unfiled, unperfected security interests in proceeds under Texas Business and Commerce Code Section 9.343. In contrast, Oklahoma Producers prevailed because the Oklahoma Lien Act in 2010 cured a defect still present in the Texas statute. Texas producers with a lien are subject to UCC choice-of-law, priority, and perfection of security interests rules.