Manage the Risks of Post-Closing Changes
A secured party’s ongoing perfection is not guaranteed after the filing of a financing statement. A number of events can occur post-closing that can threaten perfection or priority unless the secured party takes immediate action within strict deadlines, even if it was unaware of the change.
This recorded presentation helps secured parties and their legal counsel manage the risks of post-closing changes to debtor or collateral information that could threaten either the perfection or priority of the security interest. Attendees will learn the essential rules for dealing with post-closing changes, including:
- Which post-closing events require prompt action by the secured party.
- How to identify the relevant post-closing events.
- The applicable deadlines for action following different post-closing events.
- What actions a secured party must take to remain perfected and retain priority.