BY DAVID FRISCH Has it really been twenty-two years since Geoffrey C. Hazard, then director of the American Law Institute, asked Professors Charles W. Mooney and Richard E. Speidel to investigate the need to update Article 2 of the Uniform Commercial Code (U.C.C.)? As a result of their preliminary study, […]
Volume 11-2
Application of the U.C.C. to Nonpayment Virtual Assets or Digital Art
BY SARAH HOWARD JENKINS Innovative business practices, novel modes of ordering commercial relationships, and neoteric commercial behavior which deviate from established patterns are challenging the application of existing legal rules and principles to modern day disputes. Yet, wholesale disregard for existing legal principles is often unnecessary as the recent expansion […]
