James Sullivan Speaks on "Digital Assets as Collateral: UCC Article 12" Webinar for Financial Poise

James Sullivan served as a panelist for the April 16, 2024 webinar "Digital Assets as Collateral: UCC Article 12" presented by Financial Poise. This webinar discussed the impact of new Article 12 to the UCC that aims to address the perfection, priority, and choice of law rules applicable to digital assets. Specifically, the discussion touched on how Article 12 would reduce risks among claimants to digital assets, what their rights would be in the assets, how borrowers and lenders may avail themselves of these changes, and new key phrases such as "controllable electronic records", "controllable accounts", "controllable payment intangibles", and "electronic money". You can see more about the program, including a video recording and the presentation slides here.