Publications

Delaware Harmonizes Alternative Entity Series and UCC Article 9, 76 Bus. Law. 1141 (2021).

Contracting COVID:  Private Order and Public Good (Standstills), 76 Bus. Law. 437 (2021), with Jonathan C. Lipson.

Don’t Just Do Something – Stand There!  A Modest Proposal for a Model Standstill/Tolling Agreement, Business Law Today (April 13, 2020), https://businesslawtoday.org/2020/04/dont-just-something-stand-modest-proposal-model-standstilltolling-agreement/ (with Jonathan C. Lipson).

Recent Amendments to Delaware’s Entity Laws, Business Law Today (Sept. 6, 2019), https://businesslawtoday.org/2019/09/recent-amendments-delawares-entity-laws/.

Recent Amendments to Delaware’s LLC and LP Acts:  Registered Series of LLCs Will Be Permitted Starting in 2019 and LLCs Can Now Divide, Among Other Changes, The Temple 10-Q, Nov. 2018.

Bogus Filings – Some Legal and Policy Considerations, 47 UCC L.J. 43 (2017).

A Remembrance – Louis F. Del Duca – July 2, 1926 – November 27, 2015, 47 UCC L.J. 1 (2017).

Delaware Goes Paperless (Sort Of) – Direct Submission of Paper or Imaged UCC Filings Is No Longer Permitted as of December 1, 2015, 47 UCC L.J. 5 (2017).

Dissonance in the Attempt to Harmonize LLC Series and Article 9, 46 UCC L.J. 279 (2015).

Mistakes Matter:  Consequences of Authorized UCC Filings, 46 UCC L.J. 193 (2015).

Delaware Supreme Court Rules on UCC Termination Statements, The Temple 10-Q, Feb. 1, 2015.

Series of LLCs:  The Next Big Thing?, The Temple 10-Q, Jan. 22, 2015.

Secured Lending to Series of LLCs:  Beware What You Do Not (and Cannot) Know, 46 UCC L.J. 95 (2015).

Delaware Supreme Court Rules on UCC Termination Statement, ABA UCC/Uniform Law News (Newsletter of the American Bankers Association), Vol. XI, No. 12, Dec. 1, 2014.

Recent Amendment to Delaware’s Entity Laws:  Delaware Expressly Permits Future-Effective Written Consents By Directors and Liberalizes the Means of Revoking Dissolution of LLCs and LPs, Among Other Changes (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), Fall 2014, available at http://www.americanbar.org/content/dam/aba/administrative/business_law/newsletters/CL190000/full-issue-201411.authcheckdam.pdf

Practice Corner:  LLC Series Opinions:  Part I.  LEGAL OPINION NEWSLETTER (Newsletter of the Committee on Legal Opinions, A.B.A. Sec. of Bus. Law.), Fall 2014, available at http://www.americanbar.org/content/dam/aba/administrative/business_law/newsletters/CL510000/full-issue-201411.authcheckdam.pdf

Opining on Limited Liability Company Series, The Practical Lawyer, Vol. 60, No. 4 (Aug. 2014), at 19.

Does the Fortress Decision Offer Any Lessons for Opinion Givers?  69 Bus. Law. 969 (May 2014).

The “2010” Amendments To Delaware UCC Article 9, 14 Delaware Law Review 91 (June 2013).

Limiting Your Liability for LLC Opinions, The Practical Lawyer, Vol. 58, No. 3 (June 2012), at 29.

Does the Fortress Decision Offer any Lessons for Opinion Givers?  LEGAL OPINION NEWSLETTER (Newsletter of the Committee on Legal Opinions, A.B.A. Sec. of Bus. Law.), Summer 2012, available at http://apps.americanbar.org/buslaw/committees/CL510000pub/newsletter/20120720000000.pdf

Security Interests in Delaware Limited Liability Companies, 1 The Transactional Lawyer 1 (Apr. 2011).

The Proposed 2010 Revisions to UCC Article 9, The Practical Real Estate Lawyer, Vol. 26, No. 6 (November 2010), at 33.

Filings Against Trusts and Trustees Under the Proposed Revisions to Current Article 9 – Thirteen Variations, 42 UCC L.J. 375 (2010).

Mezzanine Loans – The Vagaries of Membership Interest Collateral, Probate and Property, September/October 2010, at 20, and The Practical Real Estate Lawyer, Vol. 26, No. 5 (Nov. 2010), at 57 (with James D. Prendergast).

Delaware Alternative Entities – The Benefits and Burdens of Contractual Flexibility, Probate and Property, Jan./Feb. 2009, at 11.

Series LLCs, the UCC, and the Bankruptcy Code – A Series of Unfortunate Events?, 41 UCC L.J. 103 (2008).

Delaware Update – 2008 Legislation Amending Certain Corporations and Alternative Entity Laws, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), Fall 2008, available at http://www.abanet.org/buslaw/committees/CL190000pub/newsletter/2008??/home.shtml

The Forthright Negotiator Principle and the Legitimate Role of Ambiguity in Contracts, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), Summer 2008, available at http://www.abanet.org/buslaw/committees/CL190000pub/newsletter/200807/home.shtml

If the Land is Here, You May be Practicing Law Here: UPL and Ethics Issues in Multi-State Real Estate Closings, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), Spring 2008, available at http://www.abanet.org/buslaw/committees/CL190000pub/newsletter/200803/home.shtml; reprinted in FEE SIMPLE: The Newsletter of the VA State Bar Real Property Section, Vol. XXVIII, No. 2, May 2008, at 55

Norman M. Powell, Filing Against Trusts & Trustees, in Practice Under Article 9 of the UCC 129 (Stephen L. Sepinuck ed., 2008).

Delaware Update – 2007 Legislation Amending Certain Alternative Entity Laws and Articles 8 and 9 of Delaware’s UCC, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), December 2007, available at http://www.abanet.org/buslaw/committees/CL190000pub/newsletter/200712/powell.pdf

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Who Holds the Assets in a Delaware Series LLC?, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), July 2007, available at http://www.abanet.org/abanet/common/login/securedarea.cfm?areaType=committee&role=CL190000&url=/buslaw/committees/CL190000/newsletter/200707/powell.pdf; reprinted in Metropolitan Corp. Couns., December 2007, at 30

Keeping Current:  Limited Liability Companies (What’s Your Opinion on Delaware Opinions?), Bus. L. Today, May–June 2007, at 50; reprinted in Metropolitan Corp. Couns., June 2008, at 57

Delaware Entities Favored in Structured Finance, Metropolitan Corp. Couns., May 2007, at 46.

Who Should Be Left Holding Assets?  Consider Delaware’s Statutory Trust, Daily Bankr. Rev. Small-Cap (Dow Jones & Co., New York, N.Y.), Mar. 21, 2007, at 6–7.

Delaware Update – 2006 Legislation Amending Certain Alternative Entity Laws, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), July 2006, available at http://www.abanet.org/abanet/common/login/securedarea.cfm?areaType=committee&role=CL190000&url=/buslaw/committees/CL190000/newsletter/200607/delaware.pdf.

Ongoing Searching and Filing Issues Under Article 9, Com. L. Newsl., (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A.Sec. of Bus. Law), Mar. 2006, available at http://www.abanet.org/abanet/common/login/securedarea.cfm?areaType=committee&role=CL190000&url=/buslaw/committees/CL190000/newsletter/200603/article9.pdf; reprinted in In-Brief (quarterly publication of the Paralegal Association of Florida), summer 2008.

Delaware Update – 2005 Legislation Amending Certain Alternative Entity Laws and Delaware Revised Article 9, Com. L. Newsl., (Joint Newsletter of the U. C. C. & Com. Fin. Servs. Comms., A. B. A. Sec. of Bus. Law), July 2005, available at http://www.abanet.org/abanet/common/login/securedarea.cfm?areaType=committee&role=CL710000&url=/buslaw/committees/CL710000/newsletter/200507/FeatureArticle-DelawareLawsUpdate.pdf.

Ongoing Searching and Filing Issues Under Article 9, 37 UCC L.J. 35 (2005).

Delaware Statutory Trust Act, Limited Liability Company Act, and Delaware Revised Article 9, Com. L. Newsl. (Joint Newsletter of the U.C.C. & Com. Fin. Servs. Comms., A.B.A. Sec. of Bus. Law), Dec. 2004, at 9–13, available at http://www.abanet.org/buslaw/committees/CL190000/newsletter/20041223000000.pdf.

Uniform Commercial Code Issues In Securitisations – Filings Against Trusts, Trustees, and LLCs Under Revised Article 9, in Global Securitisation and Structured Finance 2004, 127 (Adrian Preston & Aileen Booey, eds., Global White Page Ltd. 2004).

Uniform Commercial Code Issues In Securitisations – Filings Against Trusts, Trustees, and LLCs Under Revised Article 9, in Global Securitisation and Structured Finance 2003, 103 (Callie Leamy & Sheila Stamps eds., Global White Page Ltd. 2003).

Filings Against Trusts and Trustees Under Revised Article 9 – Thirteen Variations, 35 UCC L.J. 91 (2002).

Revised UCC Article 9 Takes Effect in DE on July 1, 2001, Corp. Edge (Del. Div. of Corps., Dover, Del.), Fall 2000, at 1.