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Federal Intellectual Property Due Diligence: Beyond UCC and Lien Searches

Cogency Global

What this is: Like due diligence searches for statutory liens and consensual (UCC) financing statements on borrowers and debtors, being aware of and/or confirming the owner and status of intellectual property in a transaction is critical.

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UCC Termination Statements Part 2: Public Record and Maintaining Priority

Cogency Global

What this is : In our previous post we discussed best practices when preparing and filing UCC terminations and how to ensure effectiveness. In this post we focus specifically on how to interpret a termination found when conducting a UCC search and how to ensure your loan portfolio is intact.

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Unpacking Purchase Money Security Interests (PMSI): A Detailed Overview

Cogency Global

What this means : We help demystify the complex concept of PMSI, showing its relevance to UCC searching and filing procedures and how it can secure "super priority" over other interests in the same collateral, provided certain rules are adhered to.

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10 Questions Answered About Mortgages and Charges at UK Companies House

Cogency Global

What this is: When searching for registered secured transactions in the UK, attorneys and paralegals must be aware of the differences between UK law and US law (Uniform Commercial Code). We answer some of the most pressing questions about the process.

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The Ultimate Cheat Sheet on Mortgages & Charges at UK Companies House

Cogency Global

What this is: When an attorney or paralegal needs to search the public record for evidence of registered secured transactions in the UK, there are a number of differences from US law (the Uniform Commercial Code) to be aware of.

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Security Interests in Trademarks: Best Practices

Traverse Legal Blog

The Lanham Act does not cover security interests, requiring individuals to use the state-specific Article 9 of the UCC for guidance. Article 9 of the UCC (Uniform Commercial Code), governs secured transactions involving personal property. Federal trademark registrations and applications are governed by the Lanham Act.

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The Challenges of Searching the US Patent & Trademark Office Website

Cogency Global

What this is: Due to the increasing value and importance of trademarks and patents in secured transactions, searching the public records of the US Patent and Trademark Office is becoming a standard part of UCC due diligence.