The Mancini Case—Commercial Reasonableness and the UCC’s Ten‑Day Safe Harbor

Barbara M. Goodstein and Adam C. Wolk authored a titled "The Mancini Case—Commercial Reasonableness and the UCC's Ten-Day Safe Harbor." The article examines a recent Southern District of New York decision—Mancini v. UBS AG, N.Y. Branch, 2026 WL 865704 (S.D.N.Y. Mar. 30, 2026)—involving a dispute over how a lender sold pledged private equity fund interests after a borrower's default. The article offers practical takeaways for sponsors, lenders, and borrowers on how to structure notice, valuation, and documentation processes to minimize the risk of future challenges to a collateral sale.