COMMENTARY ON THE ENFORCEMENT OF …

COMMENTARY ON THE. ENFORCEMENT OF. security INTERESTS under . UCC REVISED ARTICLE 9. By: John P. McCahey, Esq. Presented to the New York State Association of Supreme Court Justices by Designation HAHN & H ESSEN LLP. Empire State Building 350 Fifth Avenue New York, New York 10118-0075. (212) 736-1000. TABLE OF CONTENTS. I. 1. A. Overview .. 1. B. Background .. 1. C. The Parties to a Secured 2. II. The Default Provisions of Revised Article 9: A Selective 3. A. Overview .. 3. B. 3. C. Good Faith .. 4. D. Rights and Remedies of Secured Party Upon Default .. 5. E. Rights of Debtors and Obligors Upon 6. F. Collection and ENFORCEMENT of Performance by Secured 7. G. Possession or Control of Collateral by Secured 9. H. Strict Foreclosure and the Acceptance of Collateral in Partial 9. I. Disposition of Collateral by Secured 10. 1. A Secured Party's Right of 10. 2. Notice of 12. 3. Contents of Notice of 13. 4. Timeliness of 14. 5.

COMMENTARY ON THE ENFORCEMENT OF SECURITY INTERESTS UNDER UCC REVISED ARTICLE 9 By: John P. McCahey, Esq. Presented to the New York State Association of Supreme

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