United States: Fifth Circuit Affirms Bank's Perfected Delaware UCC Lien Has Priority Over Texas Oil Producers' Statutory Lien On Proceeds - Troutman Pepper Hamilton Sanders

United States: Fifth Circuit Affirms Bank's Perfected Delaware UCC Lien Has Priority Over Texas Oil Producers' Statutory Lien On Proceeds - Troutman Pepper Hamilton Sanders

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The Uniform Commercial Code was established to provide predictability and conformity in commercial transactions. Certain states have adopted nonstandard UCC provisions...

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