Search for: "UNIFORM COMMERCIAL CODE "UCC""
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2 Apr 2012, 8:26 am
Section 9-204(c) of the Uniform Commercial Code makes it possible to secure future advances, even if the advances are not made pursuant to a commitment. [read post]
2 Jun 2017, 9:03 am
The draft is the result of the ALI’s 2012 initiative to supplement the Restatement Second of Contracts and Uniform Commercial Code (UCC) with a Restatement dedicated to transactions made solely by consumers for personal or household purposes. [read post]
1 May 2019, 12:43 pm
Article 9 of the Uniform Commercial Code (“UCC”) has become highly technical, reflecting the complexity of modern secured transactions and the intricate relationships of debtors, secured parties and others who have or may have interests in a debtor’s assets. [read post]
2 Sep 2015, 5:39 pm
BennettHoldings:(1) The Maryland Uniform Commercial Code (UCC) applies to the manufacture of a yacht because the predominant purpose is the provision of a good with labor incidental thereto.(2) The UCC applies to the manufacture and installation of a yacht engine and related parts because the predominant purpose is the provision of a good with labor incidental thereto.Facts:Original Owner contracted with Builder to manufacture a yacht (Yacht Contract). [read post]
25 Jun 2021, 10:00 am
Documents are drafted to conform to the Uniform Commercial Code. [read post]
29 Jul 2009, 4:17 am
Plaintiffs, in two separate actions, sued defendants, alleging claims under the AEMLD and for breach of the Uniform Commercial Code (UCC) implied warranties of merchantability and fitness for a particular purpose, in an action involving injuries from their ingestion of diatary suppliments. [read post]
29 Jul 2009, 4:17 am
Plaintiffs, in two separate actions, sued defendants, alleging claims under the AEMLD and for breach of the Uniform Commercial Code (UCC) implied warranties of merchantability and fitness for a particular purpose, in an action involving injuries from their ingestion of diatary suppliments. [read post]
2 Oct 2013, 12:58 am
Excellent resources as they related to the UCC include Damages under the Uniform Commercial Code (West), Commercial Damages: A Guide to Remedies in Business Litigation (Lexis), and Uniform Commercial Code (West). [read post]
5 Oct 2020, 4:21 pm
This is, particularly, true when the assets are difficult to place a value on or the asset is a unique asset or business.Distressed Asset Opportunities via Sales under the UCCIn a UCC Sale, the secured creditor’s exercise its right to foreclose its collateral via either a public or private sale under the Uniform Commercial Code and applicable local law. [read post]
5 Apr 2017, 12:28 pm
Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. [read post]
5 Apr 2017, 12:28 pm
Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. [read post]
5 Apr 2017, 12:28 pm
Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. [read post]
5 Apr 2017, 12:28 pm
Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. [read post]
13 Apr 2022, 8:24 am
The governing law here is largely outside the Bankruptcy Code, in Article 9 of the Uniform Commercial Code, which is state law, though luckily for purposes of this scenario, with identical provisions in all states (including Louisiana). [read post]
25 Jul 2012, 12:33 pm
July 2, 2012), the Appellate Division dismissed the case in favor of the homeowner because Bank of America (“Bank”) failed to comply with the notice requirement of the Fair Foreclosure Act (“FFA”), N.J.S.A. 2A:50-56, and “lacked standing to pursue the foreclosure as it could not demonstrate its status as the holder of the note, a non-holder with possession of the note, or that the original note was lost, as required under the Uniform Commercial… [read post]
25 Jul 2012, 12:27 pm
July 2, 2012), the Appellate Division dismissed the case in favor of the homeowner because Bank of America (“Bank”) failed to comply with the notice requirement of the Fair Foreclosure Act (“FFA”), N.J.S.A. 2A:50-56, and “lacked standing to pursue the foreclosure as it could not demonstrate its status as the holder of the note, a non-holder with possession of the note, or that the original note was lost, as required under the Uniform Commercial… [read post]
18 Feb 2021, 7:14 am
In a recent decision, the Seventh Circuit provided guidance for interpreting the “adequate assurances” provision of Section 2-609 of the Uniform Commercial Code. [read post]
31 Aug 2022, 10:48 am
In my Core Commercial Concepts course, a Uniform Commercial Code (UCC) survey class covering Articles 2, 3, 4, and 9, I devote time and space to discussions of race and the law by making the connection between the history of commercial concepts, slavery, and the role of the cotton industry in the shaping of international commercial law norms. [read post]
31 Aug 2022, 10:48 am
In my Core Commercial Concepts course, a Uniform Commercial Code (UCC) survey class covering Articles 2, 3, 4, and 9, I devote time and space to discussions of race and the law by making the connection between the history of commercial concepts, slavery, and the role of the cotton industry in the shaping of international commercial law norms. [read post]
28 Jan 2015, 1:24 pm
Two independent frameworks exist to govern these transfers: the Electronic Fund Transfer Act (“EFTA”) for consumer accounts, and Article 4A of the Uniform Commercial Code (“UCC”) for business accounts. [read post]
