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Leonard Lee Podair

As seen in: Secured Finance Network
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Articles

Perfection of Security Interests in Electronic Bills of Lading Under the UCC

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By Mona Patel, Leonard Lee Podair, Lee Podair
| Secured Finance Network
In an increasingly paperless world, electronic bills of lading are garnering attention as an industry choice for cross-border commercial and shipping transactions. This article provides an overview of the legal framework prescribed by Articles 7 and 9 of the Uniform Commercial Code for a secured lender seeking to perfect its security interest in electronic bills of lading.
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