Table an intercreditor or subordination arrangement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Table who each document says is senior, who is junior, and the subordination wording. Do not decide who has priority.
- What the lawyer must review
- U.C.C. § 9-339 says Article 9 does not preclude subordination by agreement by a person entitled to priority. The section does not itself rank the interests. The other priority rules were not opened, so do not apply a first-to-file result from this table. Read the subordination agreement and the state's enactment. Opinion 512: the table is not the deed, and you write any priority advice.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.