ALI Council member Steven O. Weise, partner in the corporate department at Proskauer Rose LLP, was interviewed in the American Bar Association’s May 2015 Member Spotlight in Business Law Today. With one of his areas of expertise focusing on the Uniform Commercial Code, Mr. Weise speaks about the kind of work he does on the UCC Permanent Editorial Board for the Uniform Commercial Code, along with his other career experience and accomplishments.
“The UCC Permanent Editorial Board, known as the PEB, is sort of the board of directors of the Uniform Commercial Code because the UCC itself is a joint project of the American Law Institute, where I’m very active, and the Uniform Law Commission, formerly known as the National Conference of Commissioners on Uniform State Laws,” said Weise. “They each have people on this small Permanent Editorial Board, which reviews the UCC. We meet a couple times a year, once in person, sometimes by phone, and we look at what’s happening in the UCC cases. Every now and then, there will be a decision that we have to make; that is, the UCC needs updates.”