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U.C.C. Survey—Article 9 Developments
A number of court cases pertaining to the Uniformed Commercial Code - Article 9 are discussed. In Furr v. The Corvette Experience, Inc. (In re Corvette Collection of Boston, Inc), used automobiles were consigned to a dealership for purposes of sale. The court ruled that the cars had been "deliv...
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| Published in: | The Business Lawyer 2004-08, Vol.59 (4), p.1649-1662 |
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| Language: | English |
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| container_end_page | 1662 |
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| container_title | The Business Lawyer |
| container_volume | 59 |
| creator | Weise, Steven O. |
| description | A number of court cases pertaining to the Uniformed Commercial Code - Article 9 are discussed. In Furr v. The Corvette Experience, Inc. (In re Corvette Collection of Boston, Inc), used automobiles were consigned to a dealership for purposes of sale. The court ruled that the cars had been "delivered" under former UCC Section 2-326 despite the fact that the consignor retained the certificate of title. Federal law often but not always plays a role in security interests in intellectual property. The court in In re Pasteurized Eggs Corp correctly held that the secured party must file a financing statement to perfect a security interest in patents and that a filing with the US Patent and Trademark Office (PTO) does not perfect the security interest. Article 9 applies to a sale of accounts and classifies the buyer as a "secured party," as in Systran Financial Service Corp v. Giant Cement Holdings, Inc. |
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Survey—Article 9 Developments</atitle><jtitle>The Business Lawyer</jtitle><date>2004-08-01</date><risdate>2004</risdate><volume>59</volume><issue>4</issue><spage>1649</spage><epage>1662</epage><pages>1649-1662</pages><issn>0007-6899</issn><eissn>2164-1838</eissn><abstract>A number of court cases pertaining to the Uniformed Commercial Code - Article 9 are discussed. In Furr v. The Corvette Experience, Inc. (In re Corvette Collection of Boston, Inc), used automobiles were consigned to a dealership for purposes of sale. The court ruled that the cars had been "delivered" under former UCC Section 2-326 despite the fact that the consignor retained the certificate of title. Federal law often but not always plays a role in security interests in intellectual property. The court in In re Pasteurized Eggs Corp correctly held that the secured party must file a financing statement to perfect a security interest in patents and that a filing with the US Patent and Trademark Office (PTO) does not perfect the security interest. Article 9 applies to a sale of accounts and classifies the buyer as a "secured party," as in Systran Financial Service Corp v. Giant Cement Holdings, Inc.</abstract><cop>Chicago</cop><pub>Section of Business Law of the American Bar Association</pub><tpages>14</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0007-6899 |
| ispartof | The Business Lawyer, 2004-08, Vol.59 (4), p.1649-1662 |
| issn | 0007-6899 2164-1838 |
| language | eng |
| recordid | cdi_proquest_reports_228449782 |
| source | International Bibliography of the Social Sciences (IBSS); JSTOR Archival Journals and Primary Sources Collection; ABI/INFORM Global |
| subjects | Agreements Article 9 Automobile leases Bank collateral Banking Bankruptcy Collateral Commercial law Court decisions Creditors Debt Debtors Foreclosure sales Intellectual property Inventory Liens Payments Retention Secured transactions Security interests State court decisions Steel products Surveys Survey—Uniform Commercial Code Uniform Commercial Code-US Wholesalers |
| title | U.C.C. Survey—Article 9 Developments |
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