Steven H. Bergman April 2019 Based on information contained in the Department of Commerce’s most recent annual report, there are currently more than 300,000 businesses operating in Utah, with approximately 60,000 new business filings each year. For the past decade, the most common form of new entity in Utah has been the limited liability company…. Read more »
March 2019 Richards Brandt is pleased to congratulate the following attorneys for being recognized as Legal Elite in Utah Business Magazine: Civil Litigation: Bobby Wright, Rafael Seminario Construction: Brian Bolinder, Craig Coburn, Lincoln Harris Healthcare: Cortney Kochevar Insurance: Gary Johnson Intellectual Property: Barry Scholl Workers’ Compensation: Mark Sumsion, David Tolk
At the 5th Annual Intermountain Construction Defect & Dispute Conference held on February 8, 2019, the Utah chapter of Advise & Consult awarded Craig Coburn with its Lifetime Achievement Award for Craig’s contributions in construction law. Richards Brandt congratulates Craig for this much deserved award honoring him for his level of excellence and longtime service in… Read more »
August 2018 Gary Johnson has been selected as this year’s DRI recipient of the G. Duffield Smith Outstanding Publication Award. This award honors the author of the most outstanding defense related article published in For The Defense or In-House Defense Quarterly in 2017. His article “Planning the Future: Blockchain Technology and the Insurance Industry published in the In-House Defense Quarterly Fall… Read more »
June 2018 Barbara Melendez Richards Brandt Miller and Nelson congratulates Barbara Melendez, Shareholder and Immigration Practice Chair, who has been selected as one of Utah Business 30 Women to Watch. Richards Brandt is honored to be associated with Barbara who is a highly respected and valued member of the firm. Barbara’s dedication, expertise and experience are… Read more »
Clint M. Hanni April 2018 UCC Financing Statements Once the loan documents have been signed, it is imperative from the lender’s point of view that a UCC financing statement be filed in the proper location to “perfect” its interest in the collateral. This is a routine task that is easy to overlook in the rush… Read more »
Clint M. Hanni April 2018 Security Agreements – For Debtors Let’s say that you have approached a bank about getting a loan for working capital purposes. You have inventory and accounts receivable to offer as collateral to secure the loan. After agreeing to basic terms, the bank sends you a loan agreement, a promissory note… Read more »
Clint M. Hanni March 2018 Security Agreements – For Lenders Security agreements lie at the heart of loan transactions. If you are a lender, the security agreement is the document that insures you will be repaid. Security agreements are most often stand-alone documents, but they don’t have to be. Language creating a security interest can… Read more »
March 2018 What is a security interest? At the heart of UCC Article 9 is the concept of a “security interest.” The UCC itself defines a security interest as “an interest in personal property or fixtures which secures payment or performance of an obligation.” The definition goes on for another eight lines, but the gist… Read more »
Clint M. Hanni March 2018 Introduction If you’re a business owner, you’ve been using the Uniform Commercial Code (UCC) even if you’ve never heard of it. The UCC is a model body of law adopted by all 50 states and US territories in a generally uniform manner that governs commercial business transactions, although there are… Read more »