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Signed by the Governor: Tennessee Law Excludes CBDC from Definition of Money and Deposit Account

Governor Bill Lee signed a bill into law that expressly excludes a central bank digital currency (CBDC) from the definition of money and a "deposit account" under the Uniform Commercial Code (UCC), creating potentially significant roadblocks to its use as such in the Volunteer State.
United States South Dakota Jeff Burkhart Thorsten Polleit James Madison Bill Lee

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Ron & Mark Ward sues Bank of Herrin for breach of contract and seeking injunctive relief

In the case of Ron & Mark Ward, LLC; RLW & MLW, LLC; Ward Chrysler Center, Inc.; Ronald L. Ward; and Mark L. Ward (Plaintiffs) vs Bank of Herrin (Defendant), filed in the Appellate Court of Illinois, Fifth District under case ID 21-MR-107 on March 20, 2024, the plaintiffs sought a preliminary injunction against the defendant's default remedies on certain loan documents.
United States Mark Ward Ward Chrysler Center Ron Mark Ward Ward Chrysler Center Inc Appellate Court

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