Leveraged leasing: perfecting a security interest in an owner trust

Article Abstract:

Grantor trusts are agencies in which the owner-trustees typically have no discretionary power over assets. This means that lenders should file two financing statements in order to perfect their security interests in these assets, one giving the owner-trustee or agent as debtor and the other giving the equity participant or principal as debtor. Lenders who fail to file both these statements might in the case of bankruptcy find themselves unperfected with respect to the equity participant's other secured debtors.

Debtor and creditor

---

Factoring and financing in Canada - what every U.S. lawyer wants to know about purchasing and taking security on Canadian receivables

Article Abstract:

The author discusses Canadian law regarding the taking of security on receivables in comparison to US law.

Canada, Personal property, Receivers (Law)

---

Mexico's secured lending reforms

Article Abstract:

The authors discuss changes to Mexico's laws governing the securing of loans.

Mexico, Loans

Similar abstracts:

• Abstracts: Passive activity losses and their effect on decedents, estates and trusts. Grandparents and gifting: an alternative approach
• Abstracts: Predatory pricing and 'fortress hubs': monopolization in the airline industry. Strengthening DOT's guidelines on predatory pricing in the airline industry: an optional 'safe harbor' remedy
• Abstracts: Drafting dispute resolution clauses in complex business transactions. Drafting arbitration clauses: avoiding the 7 deadly sins
• Abstracts: Skepticism protects against dangers of abusive trusts. No swing vote premium on minority interest in family business
• Abstracts: Internal market and sectoral issues. Internal market and sectoral issues (February-April 2000)

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.