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Stoppage Notices Have Chilling Effect on Liens of Secured Creditors

Articles & Publications

August 17, 2017
Co-Authored by Eric Monzo
American Bankruptcy Institute

The August 2017 edition of the American Bankruptcy Institute Journal features an article by Eric Monzo co-authored with his fellow leadership member of the ABI’s Unsecured Trade Creditors’ Committee, Jennifer McLain McLemore, titled "Stoppage Notices Have Chilling Effect on Liens of Secured Creditors." 

The Article discusses the importance of the Uniform Commercial Code on rights of unsecured creditors in attempting to securing rights to shipped goods and the application of such stoppage notices in the Sports Authority bankruptcy cases filed in Delaware.

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