A UCC 9-406 Notice to a Defendant’s Debtors is not the Equivalent of Executing on a Judgment, and Does Not Equate to Violating a Stay of Execution (Philadelphia Commerce Court)

September 16, 2019February 6, 2023

Is a UCC 9-406 notice to third party debtors execution on a judgment? Philadelphia’s Commerce Court recently answered “no” to this question. The Commerce Court’s opinion…