Transition problems for Article 9

Strictly speaking, we don’t do Article 9 stuff on this blog, but enough of our readers also teach or practice Commercial Law that we thought we’d mention a useful client piece from Edwin Smith and Neil Cohen of Boston’s Bingham McCutcheon, Transition Issue Looms in Revised UCC Article 9.  It's a very nice little statutory conundrum with, as the author notes, three possible outcomes.

[Frank Snyder]