Corporate

Recent Posts

UCC Reporter-Digest: Mortgagor's Tender of Delinquent Payments Failed to Constitute Effective Cure: Rossi v. Suntrust Mortgage., Inc.
Posted on 24 Oct 2012 by UCC Reporter-Digest

CASE OVERVIEW Revised Section 3-111 of the Uniform Commercial Code states that an instrument is payable at the place of payment listed in the instrument. According to Revised Section 4-107, bank branches are separate banks for purposes of determining... Read More

Are Purchase Orders Enforceable Contracts?
Posted on 17 Feb 2014 by Lee Berlik

They can be. The Uniform Commercial Code provides that a contract for the sale of goods may be made in any manner sufficient to show agreement, and that "an order or other offer to buy goods for prompt or current shipment shall be construed as inviting... Read More

UCC Protects Bank from Breach of Contract Allegations
Posted on 10 Mar 2010 by Lee Berlik

Even in Virginia, which recently placed which recently placed first in a ranking of the " Best States for Business " by Forbes.com, businesses often fail. Particularly in small companies, relationships among the owners sour and partnership disputes... Read More

The UCC Did Not Displace South Carolina's Common Law Rule Regarding Standing Timber: Epstein v. Coastal Timber Co.
Posted on 6 Dec 2012 by Corporate and Securities Law Community Staff

CASE OVERVIEW According to South Carolina law, a mortgage on real property includes the standing timber unless the mortgage excepts it. The Uniform Commercial Code has not displaced this common law rule. Specifically, Section 2-107(2) does not... Read More

Battle of The Forms in Texas
Posted on 21 Jul 2010 by Thomas Fox

Most parties believe that whichever business sends the final form is the one left standing and therefore should be the controlling form for legal purposes if a dispute arises. However a more detailed analysis of Texas case law interpreting its adopted... Read More