At the bottom of the stack in investment fund structures, there are generally “real” assets—things like equity interests in portfolio companies, mortgage loans, commercial receivables, maybe even bricks and mortar. Fund...more
6/28/2024
/ Asset Management ,
Blockchain ,
Collateral ,
Cryptocurrency ,
Digital Assets ,
Equity ,
Financial Markets ,
Financial Services Industry ,
Financing ,
Investment Funds ,
Investors ,
Perfected Security Interest ,
Securities ,
Uniform Commercial Code (UCC)
The official drafting committees of the Uniform Commercial Code have promulgated proposed amendments (the “2022 Amendments”) to address transactions with certain digital assets, notably adding a new Article 12 on Controllable...more
After being approved by its drafting committees last summer, a new article to the Uniform Commercial Code is now making its way through state legislatures for enactment. Because the new Article 12 and its related code...more