The United States Supreme Court adopted revisions to the Federal Rules of Bankruptcy Procedure (“Bankruptcy Rules”), which went into effect on December 1, 2017. The revised Rules apply to all bankruptcy cases commenced on or after December 1, 2017, and may apply to cases commenced prior to such date if application is determined by the bankruptcy court to be “just and practicable.”

ARTICLE 9 AND THE LIFE OF A UCC FINANCING STATEMENT