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« UCC Article 9 Roundtable - Los Angeles | Main | April jurisdictional holidays »

March 24, 2011

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CT Lien Solutions - Amanda Rasizzi

Hi Maria. The continuation is valid as long as the secured party had authority to file the continuation. Most likely, the authority to file the continuation survived the merger, in which case the continuation would be valid. The fact that the name changed isn't an issue, as the name of the secured party isn't held to the same "seriously misleading" standards that a debtor name is held.

Maria Kotsiovos

Is a continuation deemed invalid if the secured party name used to continue the filing was changed do to merger without filing an amendment first? If the language used was as an example, ABC Company successor to DEF Company as trustee.

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