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 »
The 4th Annual Intermountain Construction Defect and Dispute Conference was held Friday, February 9th, 2018 at which the organizers recognized five professionals in the community for their contributions in the construction industry. Lincoln Harris received the Attorney of the Year Award honoring him for his level of excellence and longtime service in the field of construction… Read more »
Kendall Moriarty February 2018 Limbo. On June 15, 2012, President Obama unveiled a program called Deferred Action for Childhood Arrivals (or “DACA”) which would provide employment authorization and protection from deportation for individuals who entered the United States as children and who had never committed a deportable crime. The program began accepting applications on August… Read more »
Barry Scholl February 2018 In our last action-packed blog posting, we discussed the trademark battle between San Diego’s Comic-Con and Salt Lake City’s Comic Con. The two parties had traded (symbolic) powerhouse blows in a California federal court over whether Salt Lake City’s use of the term “Comic Con” (without a hyphen) infringed on San… Read more »
Zack (Zachary) Peterson January 2018 In State v. Ellis, 2018 UT 02, Justice Himonas wrote a separate, concurring opinion that provides a reminder of an attorney’s ethical obligations as an officer of the Court and of candor to the tribunal. Before the district court, the prosecutor requested to use a preliminary hearing transcript at trial… Read more »
January 2018 In December 2017, the epic trademark infringement battle pitting San Diego’s long-running “Comic-Con” versus Salt Lake City’s upstart “Comic Con,” reached what appeared to have been at least a temporary lull when a federal jury in California found that contrary to Salt Lake Comic Con’s claims, the San Diego group’s trademark is valid…. Read more »