During the 2008 and 2009 financial crisis, the United States Treasury (the “Treasury”) established several programs in an attempt to stabilize the economy. One of these programs was the Troubled Assets Relief Program (“TARP”) Capital Purchase Program (“CPP”). The purpose of the CPP was to provide immediate and temporary funding […]
Publications
Accidental Filing of UCC Termination Statements – Can the Mistake be Fixed?
on Tuesday, 30 April 2013 in
Publications
When a loan is paid off, one of the next steps may be for the lender to release its security interests in the borrower’s collateral. This is most often done by using a form UCC-3. By checking the box marked “Termination” the secured party states that the specified financing statement […]
Nebraska Supreme Court Holds Nebraska Trust Deeds Act Does Not Apply to Unsecured Guaranty
on Monday, 29 April 2013 in
Publications
In 2005, Sam Murante formed Sutherlands Plaza, LLC, and began development of property in Omaha, Nebraska. To finance the development, Mutual of Omaha Bank and its predecessor, Nebraska State Bank (“Mutual”), issued several loans to Sutherlands, and Sutherlands executed deeds of trust for the loans. As additional security, Murante executed […]
103rd Nebraska Legislature, First Session: Real Estate, Renewable Energy and Municipal Law Update
on Monday, 29 April 2013 in
Publications
The first session of the 103rd Nebraska Legislature is now over two-thirds complete. Here is an update on the bills we are tracking related to real property, renewable energy and municipal law. 103rd Nebraska Legislature, First Session: Real Estate, Renewable Energy and Municipal Law Update Copies of the bills and information […]
Nebraska Supreme Court Upholds City of La Vista Ordinance Requiring License and Inspection for Rental Properties
on Monday, 29 April 2013 in
Publications
D-Co,Inc. Et. Al. v. City of La Vista, 285 Neb. 676.
