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Bankruptcy
Commercial Law
Commercial Lending
Commercial & Retail Collections
Construction Law
General Corporate and Business Law
Real Estate and Foreclosure
Uniform Commercial Code
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Uniform Commercial Code
Lloyd & McDaniel’s staff of attorneys have extensive experience in all areas of the Uniform Commercial Code. The Code represents the foundation for the various rights and remedies available within the practice of creditors’ rights.
Specific practice areas include:
- Article 2 covering the sale of goods which can include the entire spectrum of contract law and related remedies, as well as reclamation, warranty issues, and damages in the event of default or other breach of contract.
- Article 2(a) governing the interpretation and enforcement of personal property leases.
- Articles 3 and 4 governing negotiable instrument law.
- Article 5 governing letters of credit, specifically in the context of providing further security to lenders as well as unsecured creditors.
- Article 9 governing secured transactions including the proper execution and perfection of an Article 9 security interest and the proper procedures to employ in the event of default, including writs of possession and temporary restraining orders. The assessment and collection of damages stemming from default in payment or other breach of the security agreement.
The experience of our staff of attorneys, as well as our firm’s daily working knowledge of the Uniform Commercial Code, guarantees our clients the best current techniques for securing payment of an outstanding obligation and resolving legal disputes.
If you need help with any legal issue, Lloyd & McDaniel is ready to work for you. Please contact us if we can assist you.
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