Law360 Reports on 2nd Circuit Request To Delaware High Court To Rule On UCC Authorization

Law360 reported on Kelley Drye’s representation of JPMorgan Chase Bank, N.A. in the article, ​“Second Circuit Asks Delaware High Court to Rule on Document Authorization.”

The article reports that the United States Court of Appeals for the Second Circuit has asked the Delaware Supreme Court to determine what, precisely, a secured lender must authorize in order to terminate security interest, in a dispute between a JPMorgan Chase Bank and the Committee of Unsecured Creditors in the General Motors bankruptcy proceedings.

Kelley Drye Litigation Partner Nicholas J. Panarella is noted by Law360 as legal representative for JPMorgan in this matter.