The UNCITRAL Model Law on Secured Transactions
November 12, 2016
In July 2016, the United Nations Commission on International Trade Law ("UNCITRAL") formally adopted the UNCITRAL Model Law on Secured Transactions. The Model Law offers countries an efficient and effective way to update their secured transactions laws in a way to encourage the granting of credit to facilitate economic growth.
Otterbourg partner, David Morse, and Richard Kohn, of Goldberg Kohn, provide the background and insights into this exciting development in the area of international lending. Please see the article here.