Friday, March 11, 2016

By What Means Can a Creditor Seize Certificated Securities Held by a Debtor?: A UCC Article 8 Decision

Wolverine Flagship Fund Trading Limited v. American Oriental Bioengineering, Inc., ___ N.J. Super. ___ (App. Div. 2016).  This opinion, issued today by Judge St. John, involved the denial of injunctive relief by the Chancery Division.  The key issue was one purely of law, the interpretation of section 8-112 of the Uniform Commercial Code, N.J.S.A. 12A:8-112.  […]

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