Navigating the 2022 Uniform Commercial Code Amendments

Please join our finance and commercial law team for a timely discussion of the 2022 amendments to the Uniform Commercial Code and their impact on secured transactions, digital assets, trade finance, and commercial lending. Taking place on the eve of the amendments going into effect in New York, this event will be held on June 2, virtually.

The 2022 UCC amendments introduce significant changes affecting the treatment of emerging technologies, including digital assets and electronic records, and contain key provisions governing the sale of digital assets and the perfection, priority, and enforcement of security interests in digital assets and electronic payment rights. These updates present both new opportunities and potential risks for lenders, borrowers, factors, and other market participants.

Our panelists will explore the practical implications of the amendments, steps institutions should consider to prepare for implementation, and how these changes may influence transaction structuring and documentation going forward. The panel will offer various use cases to illustrate how the amendments affect sales of digital assets and electronic payment rights, electronic trade finance transactions, and security interests in digital assets and electronic payment rights.