Hot Topics in Commercial Law

It was great fun to attend and write about the ABA’s recent CLE, 2024 Commercial Law Developments! The article is available here:

💡 This CLE from the ABA Business Law Section's 2025 Fall Meeting explored more than 300 recent commercial law decisions, focusing on evolving issues in the application of UCC Article 9 and the enforcement of security interests.

💡 Panelists analyzed cases involving unconventional collateral, such as intellectual property, rare diamonds, antique automobiles, and cannabis licenses, emphasizing the importance of enforceable rights and clear security agreements.

💡 Courts continue to refine standards for commercial reasonableness in collateral sales, considering factors like timing, notice, third-party interest, and asset preservation.

💡 Emerging trends include UCC application in digital asset transactions, electronic records, and fraud prevention, with the 2022 UCC Amendments already effective in many states.