Sandra Stern

Sandra Stern

May 22, 2023 | National Law Journal

Letter to the Editor: Justice Breyer Discusses Sexism Faced by Female Harvard Classmates

'As a female graduate of Harvard Law and contemporary of Justice Breyer, I can attest that things were not only as bad as described, but even worse.'

By Sandra Stern

2 minute read

May 19, 2020 | New York Law Journal

Litigation Funding and the Coronavirus Crisis

What changes may the Coronavirus crisis make in litigation financing?

By Sandra Stern

5 minute read

May 29, 2019 | New York Law Journal

Borrowing to Buy Virtual Currency: a Primer

Investors have long been accustomed to borrowing to finance the purchase of securities. Therefore, they may assume that the rules are the same when borrowing to buy virtual currency. Unfortunately, this is not the case at the moment.

By Sandra Stern

8 minute read

January 28, 2015 | New York Law Journal

Unique Provisions in New York's Omnibus UCC Bill

Sandra Stern writes that although the majority of the revisions in the Omnibus Bill modernizing Articles 1 (the overarching Article that provides the general rules for the remaining Articles), 7 (documents of title), and 9 (secured transactions) of the Uniform Commercial Code merely conform New York's UCC to the uniform text, a number are unique to New York.

By Sandra Stern

13 minute read

January 27, 2015 | New York Law Journal

Unique Provisions in New York's Omnibus UCC Bill

Sandra Stern writes that although the majority of the revisions in the Omnibus Bill modernizing Articles 1 (the overarching Article that provides the general rules for the remaining Articles), 7 (documents of title), and 9 (secured transactions) of the Uniform Commercial Code merely conform New York's UCC to the uniform text, a number are unique to New York.

By Sandra Stern

13 minute read

March 21, 2014 | New York Law Journal

Paper Terrorism—Remedies for Victims of Abusive UCC Filings

Sandra Stern of Nordquist & Stern and a member of the New York delegation to the Uniform Law Commission, writes about an emerging problem for judges, public officials, lawyers representing criminal defendants, and now, it appears, lawyers in general. Should a person be concerned if (s)he discovers that an abusive filing has been made? What steps can be taken to address it so that the filing will not be a blot on the creditworthiness of the victim?

By Sandra Stern

9 minute read

March 21, 2013 | New York Law Journal

Modernizing New York's Commercial Code

Sandra Stern, a partner at Nordquist & Stern who represents New York State on the Uniform Law Commission, writes New York's historic inattention to Uniform Commercial Code modernization has not gone unnoticed, e.g., its inability to enact revisions to Articles 3 and 4 led to the Federal Reserve regulation known as "Check 21," which provides for substitute checks and electronic presentation.

By Sandra Stern

10 minute read

June 27, 2002 | New York Law Journal

Outside Counsel

I f a real estate mortgage lender can obtain mortgage title insurance with respect to its interest in real property, why can`t the secured party lending against personal property insure that its security interest will take precedence over all others?

By Sandra Stern

11 minute read

November 20, 2008 | New York Law Journal

Mezzanine Finance: The Lender's Exit Strategy

Sandra Stern, a member of Nordquist & Stern, writes that the first step a lender should take when default is threatened is to consult any intercreditor or subordination agreement by which it may be bound to see whether the approval of any other party is required to modify the security agreement entered into by the debtor.

By Sandra Stern

11 minute read

January 14, 2011 | New York Law Journal

The Uniform Commercial Code Evolves, But More Slowly in New York

Sandra Stern, a lawyer ay Nordquist & Stern and a commissioner of the Uniform Laws Commission, writes that New York is the only state that has not enacted the 1990 revisions to Articles 3 and 4 of the Uniform Commercial Code and one of a small number of states that have not yet enacted Revised Article 1 and Revised Article 7 of the Uniform Commercial Code.

By Sandra Stern

10 minute read