UCC Article 4A

How to Enforce a Smart Contract Under New York Law When the Code Conflicts With the Written Agreement

How to Enforce a Smart Contract Under New York Law When the Code Conflicts With the Written Agreement

Blockchain Technology /

Under New York law, a smart contract is generally enforceable if it satisfies ordinary contract requirements—offer, acceptance, consideration, and mutual assent—even when performance is automated by code. Disputes arise when on-chain code executes one outcome while the parties’ written agreement states another. This article explains how New York courts are likely to analyze code-versus-text conflicts, […]

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How to Challenge a Bank’s Unauthorized Wire Transfer in New York Under UCC Article 4A

How to Challenge a Bank’s Unauthorized Wire Transfer in New York Under UCC Article 4A

Banking/Finance/Securities /

In New York, a business or consumer can often challenge an unauthorized wire transfer under UCC Article 4A within 90 days after the bank makes account statements available (and sometimes sooner under the bank’s security-procedure rules). Article 4A is New York’s primary framework for allocating risk and liability for wire transfers through banks. This article

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How to Challenge a Bank’s Refusal to Release a Wire Transfer in New York Under UCC Article 4A

How to Challenge a Bank’s Refusal to Release a Wire Transfer in New York Under UCC Article 4A

Banking and Investment Law /

A New York bank can face liability for wrongfully refusing to release or execute a wire transfer under UCC Article 4A, often on a tight, notice-driven timeline. Banks frequently cite fraud controls, sanctions screening, or name mismatches as reasons to “hold” funds. This article explains the governing New York rules, immediate steps to take, evidence

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Legal Consultation for Debt Management: Discussing Alternatives to Bankruptcy

How to Challenge a Bank’s Wire Transfer Recall Under UCC Article 4A in New York

Banking & Finance /

A New York bank wire transfer is typically irrevocable once the beneficiary’s bank accepts the payment order under UCC Article 4A—meaning a “recall” often fails unless a narrow exception applies. In practice, banks still attempt recalls due to suspected fraud, OFAC concerns, sender error, or internal compliance flags. This article explains how to challenge a

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