Is the Uniform Commercial Code (UCC) Still Relevant?
Promissory Notes, Mortgages, Payment Systems, Foreclosures, and other Muddled and Edgy Issues
Spring 2014 Conference
February 27, 2014
New England Law | Boston Cherry Room
154 Stuart Street, Boston, MA
Should promissory notes signed by home buyers be negotiable under Article 3? Should transferees of negotiable promissory notes be allowed holder-in-due-course status under any circumstances? Would home buyers and lenders benefit from a uniform Home Foreclosure Procedures Act? Are the regulations promulgated by the Consumer Financial Protection Bureau necessary to protect home buyers? Or are these regulations too burdensome? Is the UCC still relevant in light of currently used payment systems?
The panelists, experts in real estate financing and payment laws, addressed these and many related questions. Bar members, academics, and interested law students were invited to participate.
Co-sponsors: Massachusetts Bar Association and the Uniform Commercial Code Reporter-Digest
William Breetz, Attorney, Hartford, CT; Commissioner, Uniform Law Commission; Chair, Drafting Committee for Uniform Home Foreclosure Procedures Act
Neil B. Cohen, Jeffrey D. Forchelli Professor of Law, Brooklyn Law School
James Steven Rogers, Professor of Law, Boston College Law School
Jon K. Skarin, Senior Vice President, Massachusetts Bankers Association
Moderator: Professor Richard Child, New England Law | Boston
Panel 2, 3:15-5:15 p.m. Federal oversight—When is it helpful?
Thomas A. Cox, Attorney, Portland, ME; recipient of the 2012 Purpose Award for Extraordinary Contributions in Encore Careers
Kathleen Engel, Associate Dean for Intellectual Life, Professor of Law, Suffolk University Law School
Laura A. Johnson, Senior Counsel, Office of Regulations, Consumer Financial Protection Bureau
John Rao, Attorney, National Consumer Law Center; Vice-President, National Association of Consumer Bankruptcy Attorneys
Moderator: Ingrid Michelsen Hillinger, Professor of Law, Boston College Law School
Social Hour, 5:30-6:30 p.m.
- For more information please contact Zachary Heller '14. E-mail, email@example.com; Phone: (973) 886-2718.