Legal Question in Business Law in California

1. My colleague, a company in Israel, has an agent (who is a corporation registered in California) in San Diego to whom it supplies goods on credit.

2. My colleague is interested in receiving, as collateral, a charge that will be classified here as a floating charge on the inventory that my client supplied to the agent, which has not yet been paid for by the agent, and on the customers� debts to the agent.

3. I would like to contact with a law firm in California that could do the above listing

4. Please contact by email.

Sincerely yours,

Raphael Farkash, Attorney at Law


Asked on 8/10/11, 3:34 am

3 Answers from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

And they'll pay with a cashier's check that looks just like a real one.

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Answered on 8/10/11, 9:13 am

What Mr. Stone is saying is that your request sounds very much like the emails we attorneys get on a regular basis from con artists who want us to deposit payments to our accounts and then keep some for our fees and forward the rest to someone else. Of course the funds from the "client" are fraudulent, and attorneys who get sucked-in wind up losing the money they forward. Your question, however, seems more realistic than most over-seas "inquiries" we get, because it seems you are looking for what we call a UCC-1 security interest in the goods, and the receivables of the California company. That is a common and perfectly legitimate request. If that is, in fact, what you are looking for, I would be happy to help you. Please contact me directly by email and I will respond.

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Answered on 8/11/11, 2:16 pm


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