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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

MBA logo The event is cosponsored by the Massachusetts Bar Association and the Uniform Commercial Code Reporter-Digest.

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.

 UCC Commercial-Digest logo

Co-sponsors: Massachusetts Bar Association and the Uniform Commercial Code Reporter-Digest

Schedule

Panel 1, 1-3 p.m.  Home foreclosures—What is fair?

William Breetz, Attorney, Hartford, CT; Commissioner, Uniform Law Commission; Chair, Drafting Committee for Uniform Home Foreclosure Procedures Act

William Breetz, Attorney, Hartford, CT; Commissioner, Uniform Law Commission; Chair, Drafting Committee for Uniform Home Foreclosure Procedures Act

Symposium poster

 

Neil B. Cohen, Jeffrey D. Forchelli Professor of Law, Brooklyn Law School

Neil B. Cohen, Jeffrey D. Forchelli Professor of Law, Brooklyn Law School

 

James Steven Rogers, Professor of Law, Boston College Law School

James Steven Rogers, Professor of Law, Boston College Law School

 

Jon K. Skarin, Senior Vice President, Massachusetts Bankers Association

Jon K. Skarin, Senior Vice President, Massachusetts Bankers Association

 

Moderator:  Professor Richard Child, New England Law | Boston

Moderator:  Professor Richard Child, New England Law | Boston

 

Panel 2, 3:15-5:15 p.m.  Federal oversightWhen is it helpful?

 

Thomas A. Cox, Attorney, Portland, ME; recipient of the 2012 Purpose Award for Extraordinary Contributions in Encore Careers

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

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

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

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

Moderator:  Ingrid Michelsen Hillinger, Professor of Law, Boston College Law School

Please click here for full panelist bios.

Please click here for the symposium program/pamphlet.

 

Social Hour, 5:30-6:30 p.m.

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