May 2019 - Lien Solutions

Collateral description reasonably identifies encumbered equipment

Written by Chris Altenbach
Date May 2019

A collateral description does not require exacting precision. Rather, the collateral description is sufficient if it is objectively determinable.

 

Reduce risk with timely debtor info

Written by Lien Solutions
Date May 2019

A loan could be at risk for a variety of reasons. Here we look at the ways that debtor information could put the loan at risk.

 

Lien Solutions’ Carrie Dolezal to Present at 42nd IACA Annual Conference

Written by Lien Solutions
Date May 2019

Carrie Dolezal, Product Operations Manager at Wolters Kluwer’s Lien Solutions, will present on IACA (International Association of Commercial Administrators) XML Standards Revisions at the 42nd Annual IACA Conference, May 19-23, 2019 in New Orleans.

 

Agricultural loan creates dispute as to what constitutes a crop

Written by Chris Altenbach
Date May 2019

As the speed and volume of transactions in the agriculture space increases, manual processes can’t always keep up. To stay competitive and compliant, lenders must be able to run a lean, effective operation that controls costs and mitigates risk. The following (In re Ollis 2019 Bankr. LEXIS 1068) is an interesting look at what happens when collateral is defined in a way that can be ambiguous.