I agreed to talk about the default sections, which I'm going to talk about in just a minute. I learned this morning by listening to Mr. Ring, the default sections take up two-thirds of the Act. And I didn't realize that when I agreed to take up the default sections, but actually that's okay because the other thing I found during the day is that practically every other speaker you have heard has talked about default sections. Most of what I have to tell you, you've heard a little piece of already. What's different, though, is that I want to talk about it as a lawyer. Now you thought about it as an advocate. We've talked about it as an advocate. We've talked about it as a consumer. And we talked about it as a legislator, what's good or bad, what's right or wrong. And as lawyers you know that this stuff is interesting. That's not what matters. What matters is what is there. What is in the Act, and what does it mean for our clients. Now one of the things you will find when you start reading these Acts compared to what you have heard is that you will end up saying to yourself a time or two, "does it really say what I have heard?" And you need to keep asking yourself that question. Because as lawyers that's the analytical process we go through. I want to point out, as I go through briefly some of what are the most interesting default sections, what those sections are, and I want to encourage you to write the sections down and go at least read those sections.
Remarks on UCITA in Practice: Attorney Views,
Rich. J.L. & Tech
Available at: http://scholarship.richmond.edu/jolt/vol8/iss1/10