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 arise. Here in Fairfax County, where my practice...
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 version of the Uniform Commercial Code (UCC)
The Permanent Editorial Board for the U.C.C. recently issued
a report explaining the Code provisions relevant to the transfer and
enforcement of mortgage notes. This report highlights the particular provisions
of Articles 3 and 9 that pertain to who can enforce promissory notes in real
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 a place of payment. In Rossi v. Suntrust Morg...
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
transform all standing timber from realty into...
by Kyle C. Bisceglie Esq., Thomas J. Fleming Esq. and Lori Marks-Esterman Esq.
New York's Antiquated UCC: In June 2013 legislation was proposed that would modernize New York's UCC, making a wholesale modification of Articles 3 and 4 governing negotiable instruments and bank procedures. The...
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 acceptance either by a prompt promise to ship...
Where energy prices are going in 2015 is anyone’s guess. According to Goldman Sachs Group Inc. , Barclays and the Tokyo-based Marubeni Corp. , for example, the price of crude oil could soon plummet to $30 per barrel. Other predictions are even more extreme. Oil as cheap as $20 a barrel could be...