Page 27 - Uniform Commercial Code News Today

It is with sadness that the State Bar of Wisconsin reports the passing of former State Bar President Lawrence J. Bugge. A business lawyer with Foley & Lardner in Madison nearly his entire legal career, Bugge served as State Bar president 1980-81.

/PRNewswire/ -- Pursuant to Section 9-610 of the Uniform Commercial Code, GemCap Solutions, LLC, as servicer and attorney-in-fact for secured party GemCap...

Bitcoin, stablecoins, non-fungible tokens a/k/a NFTs, and even digital currency exchanged in the “metaverse” are now included in security agreements, asset purchase agreements, and mortgages.

Earlier this month, a district court for the Eastern District of Michigan dismissed on its own initiative a Fair Credit Reporting Act (FCRA) claim brought by a consumer alleging...

Plus: The refusal to recognize heard round the country

The legislation would explicitly exclude a CBDC from the definition of money in Ohio, effectively banning its use as such in the state.

The legislation in both chambers would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use as such in the state.

The word “Collections” often generates a movie-like image of an impersonal, even intimidating, agent making incessant phone calls to collect on a debt.

This article presents recurring questions from lenders. They are the kind of questions that make one stop for a moment and say, let’s talk to legal about this including I need to release some but not all of the personal property collateral from my UCC-1. How do I do this?

The head of the Council of Federal Home Loan Banks argues that the special lien status of Home Loan bank advances, created by legislation in the 1980s, is largely irrelevant in today's marketplace.