Uniform Commercial Code Subcommittees

Annual Survey

Editors

Marks, Colin
Barnes, Wayne
Martin, Jennifer

Article 7

Chair

Mulligan, Byron

Commercial Law Newsletter

Editors

Gredsted, Kristoffer
Marchetti, Peter
Hodnefield, Paul
Henninger, Samuel

Consumer Law

Chair

Ferry, Michael

Filing Office Operations and Search Logic

Chairs

Pierce, Darrell
Hodnefield, Paul

General Provisions and Relations to Other Law

Chair

Boss, Amelia

Vice-Chair

Isham III, Robert T.

International Commercial Law

Chairs

Nand, Arleen
Rigby, Nancy

Mission Statement

The Subcommittee on International Commercial Law studies and comments on pending transnational commercial law projects. These projects often involve the overlay of U.S. and foreign law resulting from cross border contacts and the choice-of-law and jurisdictional issues raised by international transactions. The Subcommittee attempts to take both an outbound and in-bound perspective, considering problems which result from the application of the UCC to cross border operations as well as formulating an overview as to foreign law approaches to commercial law issues. The two poles of international commercial activity (cross border sales and commercial lending) require the Subcommittee to cover a wide range of international law, from the CISG to specialized financial treaties. We have even branched out into some traditional "litigation" issues, such as forum selection, to the extent they impact on the drafting of international commercial agreements.

Investment Securities

Chair

Strong, Glen

Leasing

Chair

Adams, Scott

Letters of Credit

Chairs

Roder, Paul
Rosen, Mary

Payments

Chair

Wong, Ingrid

Vice-Chair

Rosenberg, Eli

Recent Developments

Editor

Jahangir, Shadi

Sale of Goods

Chairs

Reyes, Carla
Chatman, Carliss

Secured Transactions

Chairs

Wasserman, Peter
Wolfensohn, Dan

Mission Statement

Our subcommittee focuses on Secured Transactions under the Uniform Commercial Code including questions of whether or not certain types of collateral or transactions fall within the scope of the Uniform Commercial Code, and offer informative presentations at our spring and annual meetings.

Spotlight Column

Editors

Bjerre, Carl
Sepinuck, Stephen

Task Force on Securities Holding Infrastructure

Chairs

Mooney, Jr., Charles
Rocks, Sandra

Mission Statement

​The Task Force on Securities Holdings Infrastructure will (i) examine the infrastructure for the intermediated holding of securities in the United States, (ii) identify. analyze, and assess the significance of any problems associated with the infrastructure, and (iii) identify and assess plausible means of addressing any problems.

Task Force on Tokenized Payment Instruments

Chairs

Cheng, Jess

Mission Statement

The Task Force will (i) examine the nascent market practices for issuing, holding, transferring, and converting tokenized payment instruments (i.e., a digitally recorded asset that participants in the system treat as a transferable representation of value, whose primary function is to be spent like other forms of money, and that exists independently of any account relationship with a financial intermediary), (ii) identify, analyze, and assess the significance of key legal issues or areas of legal uncertainty associated with such market practices, and (iii) identify and assess possible means for commercial law or contract to address any problems.

Working Group To Draft Human Rights Protections In Supply Contracts

Chair

Maslow, Susan

Vice-Chair

Snyder, David

Task Force - Webmaster

Task Force - Commercial Finance Terms

Chair

Martinson, Pamela

Task Force - Deposit Account Control Agreements

Chairs

Grodner, R Marshall
Heileson, Marvin
Ireland, Oliver
Pickering, John
Smith, Edwin

Reporters

Polt, Leslie
Sonnenberg, Heather

Task Force - Model IP Security Agreement

Chairs

Allen, Katherine
Kavanaugh, Matthew

Vice-Chairs

Fournier, David
Murdock, John