Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Delaware UCC Fees Increase

UCC

In a recent blog post, we noted that the Delaware Secretary of State was raising some of their corporate filing and document retrieval fees as of 8/1/2009. As of 9/1/2009, some of the UCC fees are being increased as well. The fee for filing and indexing a UCC document will increase from $75.00 to $100.00; if there are additional pages, the fee is $2.00 per page, and if there are more than two debtor names, the fee is $25.00 per additional…READ MORE


What You Don’t Know Might Hurt You: Understanding the Limitations of State Direct UCC Online Searches

UCC, Due Diligence

A growing number of state filing offices are offering UCC search databases at low to no cost via their websites. In an effort to keep due diligence costs low, many searchers are turning to state direct online databases to fulfill their UCC search requirements. It’s easy to understand the appeal of these state direct databases – free searches: sounds great, right? When examined closely however, many of these state sites have limited…READ MORE