NF Solutions, LLC as warehouseman (“Warehouseman”) intends to conduct a public auction pursuant to Uniform Commercial Code §§7-206(a), 7-209(a), and 7-210 on January 6th; potential bidders must register to participate at the auction by 5 pm CT on January 4th. For more information, read the full public notice here on DailyDAC.
Most of the time, the term “UCC Sale” refers to a sale by a secured party under Article 9 of the Uniform Commercial Code. However, as reflected above, the term can also refer to a sale by a warehouse under Article 7 of the UCC. If you are not familiar with the concept of such sales, we recommend the following articles: