News & Analysis as of

Limited Liability Company (LLC) Uniform Commercial Code (UCC) Loan Agreements

Cadwalader, Wickersham & Taft LLP

Stablecoins Have a UCC Problem

Highlights: Stablecoins are likely to be characterized as general intangibles under the UCC of non-Article 12 states....more

Steptoe & Johnson PLLC

Time to Update Your Loan Documents Due To New Delaware “Divisive Merger” Law

Steptoe & Johnson PLLC on

Effective August 1, 2018, Delaware’s limited liability company act was amended to add new Section 18-217 (the “Amendment”). This Amendment permits a Delaware limited liability company (an “LLC”) to divide into two or more...more

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