New York's Proposed UCC Amendments: Back to the Future

, New York Law Journal


James M. Haddad, a principal at the Law Office of James M. Haddad, and Frederick A. Brodie, a partner at Pillsbury Winthrop Shaw Pittman, write: New York's outdated UCC has unnecessarily complicated commercial law in this state. Unless it catches up to the other states, as additional UCC articles and revisions are promulgated, New York will be unable to enact them without painstakingly re-working their text to account for the growing number of discrepancies. A new push in Albany is expected to update the code.

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