New York
New York Governor Signs Bill, Updating State’s UCC
Further to prior reporting and analysis in DCW, New York Governor Kathy Hochul signed into law updates to New York’
New York Legislature Passes 2022 UCC Amendments
Enactment of the 2022 Amendments to the Uniform Commercial Code updates New York’s commercial law to fully recognize electronic records. They also affirm that signed electronic letters of credit have the same legal effect as paper-based LCs.
New York State Adopts UCC Amendments, New Article 12
In a significant development toward wider recognition of controllable electronic records, New York State legislators approved Assembly Bill A3307A designed
Legislative Bill Introduced in New York to Advance Electronic Records
A bill to amend New York State’s Uniform Commercial Code (UCC) and adopt a new Article 12 (Controllable Electronic
NY Supreme Court Grants Summary Judgment to BNP
The Supreme Court of New York issued decisions granting summary judgment to BNP Paribas for more than USD 46 million plus interest against Natixis.
