Bank Law Monitor
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Paperclips and Staples: “Affixing” Allonges under the UCC
In the age of digital transactions and DocuSign, the importance of lenders storing and maintaining original loan documents has waned. But exceptions persist. In a recent decision, the Washington Court of Appeals (Division I) outlined one of the remai...
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Washington’s New Statutory Wage Lien: How Wage Liens Impact Secured Creditors’ Rights
To read all five installments of this wage lien series, click here.
Washington’s recently enacted Washington Wage Recovery Act, SB 5355 (the “Act”), creates a new statutory lien for employees’ unpaid wage claims against their employers. The Act has...
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Washington’s New Statutory Wage Lien: How Wage Liens Are Extinguished, Released, and Contested
To read all five installments of this wage lien series, click here.
Washington’s recently enacted Washington Wage Recovery Act, SB 5355 (the “Act”) creates a new statutory lien for employees’ unpaid wage claims against their employers. The Act has s...
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Washington’s New Statutory Wage Lien: How Wage Liens Are Established and Foreclosed
To read all five installments of this wage lien series, click here.
Washington’s recently enacted legislation, the Washington Wage Recovery Act, SB 5355 (the “Act”), creates a new statutory lien for employees’ unpaid wage claims against their employ...
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Washington’s New Statutory Wage Lien: Who and What Property is Impacted
To read all five installments of this wage lien series, click here.
On April 16, 2021, the Washington Wage Recovery Act, SB 5355 (the “Act”) was signed into law. The Act has significant implications for employees, employers, and secured lenders. In...
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Washington Creates New Statutory Lien for Employee Wage Claims
To read all five installments of this wage lien series, click here.
On April 16, 2021, the Washington Wage Recovery Act, SB 5355 (the “Act”) was signed into law. The Act creates a new statutory lien for employees’ unpaid wage claims against their em...
Continue Reading >