Provisions of the Uniform Commercial Code differ substantially from the common law of contracts.
Perhaps most well known are UCC provisions governing the sale of goods and implied warranties, but the UCC also governs many commercial equipment leases and even dictates how financial institutions are to handle commercial paper. In the sale of goods context, some courts have interpreted UCC provisions as prohibiting forms of price discrimination (such as transfer pricing) generally left unregulated by antitrust laws. Burr & Forman attorneys can guide you through this process and have litigated numerous types of UCC claims.