News & Events
Bernice Lee co-author's article in the ABI Journal: Pssst, Can you Keep a Secret? Unperfected "Secret" Liens as a Preference Defense
August 16, 2017
Bernice Lee co-authors an article discussing a recent bankruptcy court decision that highlights an important split of authority on secret, unperfected statutory liens in preference actions, and whether the trustee's preferential transfer claim could be defeated because the defendant held a fully secured manufacturer's lien and thus did not receive more that it would have in a hypothetical chapter 7 liquidation.
Read the full article HERE.