JD Supra

The UCC Amendments and Their Impact on Negotiable Instruments in Trade Finance

In its current form, the Uniform Commercial Code (“UCC”) does little to accommodate emerging technologies such as cryptocurrencies and non-fungible tokens. In efforts to modernize and adapt the ...
JD Supra

The Uniform Commercial Code and Digital Assets: What You Need to Know

The Uniform Law Commission (Commission) recommended changes in 2022 to the Uniform Commercial Code (UCC) to govern the transfer of digital assets, including cryptocurrency, digital tokens and ...
Heartland

Revising the Uniform Commercial Code to Protect Americans’ Property Rights and Impede a U.S. Central Bank Digital Currency

Important provisions in the Uniform Commercial Code (UCC) contain highly problematic elements that undermine Americans’ individual rights and threaten the stability of the U.S. economy. This Tip Sheet ...
Law

NYC Bar Assoc. Proposes 'Modernizing' Amendments to Uniform Commercial Code Aimed at Cryptocurrencies, 'Digital Assets'

A New York City Bar Association task force is proposing amendments to New York state's Uniform Commercial Code, saying changes are needed in order for it to "effectively govern" digital-asset ...
The Bond Buyer

Uniform Commercial Code financing statement is integral in bond defaults

Proper attention to the unsexy “Uniform” Commercial Code financing statement may well be the single most consequential checklist item in a secured bond financing from the perspective of bondholder ...