Thursday, August 8, 2013
Link to Debt Cancellation Article in Real Estate Taxation
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2232467
Link to Secured Transactions Lecture
http://www.youtube.com/watch?v=-Tk-eO13blk (or)
http://youtu.be/-Tk-eO13blk
http://youtu.be/-Tk-eO13blk
Thursday, August 1, 2013
Bitcoins and UCC 3-104(a)
Bitcoin is a digital currency not regulated by any government or central bank. UCC 3-104(a) provides that a negotiable instrument must promise or order payments in a governmental currency. Should the UCC be amended to include digital currencies? What issues might arise with such an amendment? Your thoughts?
Post-dated and stale checks
We discussed legal issues involving bank checks. A bank may accept post-dated and stale checks. Is a bank acting "commercially reasonable" by cashing these checks? Is the requirement to act "commercially reasonable" consistent with allowing a bank to cash a post-dated or stale check? Is selecting a future date for payment in electronic commerce the equivalent of post-dating a check? Your thoughts?
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