Statute
Uniform Commercial Code
278 published works
Modern contract management blog
Commercial Contract Management: How to Streamline It?
By Olga Mack
Virtually every industry deals with commercial contracts, but many companies miss the mark when managing these vital agreements. Here we will show you the best way to conduct commercial contract…
Janzen Ag Law Blog
Maybe Carbon Contracts Will Finally Convince Us to Update Real Estate Laws
By Todd Janzen
Real property law is probably the most antiquated of all legal subjects. Many legal subject matters have been through periods of modernization, when lawyers, judges, and legislatures worked together to…
Canna Law Blog
Cannabis Lending Issues in Arizona
By Ethan Minkin
It is not very common for banks and financial institutions to provide commercial loans to cannabis companies in Arizona. So why is that? The answer is not always as simple…
Herrick Restructuring Review
Prospective Loss of Equity Is No Basis to Enjoin a UCC Foreclosure, Appellate Division Holds
A First Department decision from last month makes it harder for mezzanine borrowers to enjoin UCC foreclosure sales. When there is a default under mezzanine loan documents, the lenders can…
ContractsProf Blog
Guest Post by Tanya Monestier on Amazon as a Seller of Marketplace Goods, Part I
Amazon as a Seller of Marketplace Goods Under Article 2: Part ITanya MonestierLast fall, a student in my Sales class sent me the following email, “I hope you are having…
Real Bankruptcy Intel
Opinion of Interest – Matter of First River Energy: Some State-Specific Liens May be no More than “Amazing Disappearing Security Interests”
By Alexander F. Berk, Sean T. Scott, Aaron Gavant
In its recent decision in Matter of First River Energy, LLC,1 the Fifth Circuit resolved a priority dispute between lienholders regarding their competing claims to cash held by the debtor,…
Chicago Business Litigation Lawyer Blog
Seventh Circuit Issues Guidance for Interpreting UCC Section 2-609’s “Adequate Assurances” Provision in Breach of Contract Action
By Peter S. Lubin, Patrick Austermuehle
For producers and manufacturers, alike supply contracts have many advantages. For manufacturers, it ensures a steady supply of raw goods for manufacturing, and for producers, it secures a steady stream…
Zalma on Insurance
RTFP – Fifth Circuit Reads the Full Policy and Defeats Claim
By Barry Zalma
The Policy Means What it Says Mississippi Silicon Holdings, LLC appealed the district court’s grant of summary judgment in favor of Axis Insurance Company. The Fifth Circuit, in Mississippi Silicon…
Chicago Business Litigation Lawyer Blog
Company Who Failed to Receive Assurance of Performance from Supplier Entitled to Purchase Goods Elsewhere Under Contract
By Peter S. Lubin, Patrick Austermuehle
A plastics company purchased ingredients from a producer of rubber products for many years under a series of short-term agreements. A few years after signing a long-term agreement, the rubber…
Manufacturing Industry Advisor
With Rising Raw Material Prices, Companies Should Prepare For Pressures on the Supply Chain
By John R. Trentacosta, Nicholas J. Ellis, Matthew E. Sierawski
As we have covered previously, earlier declines in demand for most raw materials during the early months of the coronavirus pandemic caused many suppliers to reduce capacity. This is now…