Trending book 1. Federal Court Rules that Bank Just Isn’t Liable in Wire Transfer Fraud Case

Trending book 1. Federal Court Rules that Bank Just Isn’t Liable in Wire Transfer Fraud Case

The Nutter Bank Report is just a month-to-month electronic book regarding the firm’s Banking and Financial Services Group and possesses regulatory and appropriate updates with expert commentary from our banking lawyers.

In an incident determined last month, a federal region court ruled that the Uniform Commercial Code (“UCC”)

permits a bank to move the possibility of loss due to an incident of cable transfer fraudulence to its client under specific circumstances. Continue reading