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Smart Contracts: Navigating Legal, Regulatory and Consumer Protection Issues

Recording of a 90-minute CLE webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Wednesday, August 30, 2017

Recorded event now available

or call 1-800-926-7926

This CLE course will discuss the growing use of smart contracts within a variety of business sectors. The panel will examine the benefits and legal risks of the contracts, including the binding nature of the agreements and regulatory and consumer protection considerations.

Description

Smart contracts use computer code to execute actions within the contract cycle automatically when specific conditions are met. Such contracts can significantly reduce transaction time and costs, especially with repetitive or ministerial tasks such as payments on specified dates, supply chain deliveries, or automated trades in stocks and other financial instruments.

S​mart contracts may be executed via blockchain technologies​.​ ​They have the capacity ​for ​extensive use in the global markets.

Corporate counsel must understand how smart contracts operate, their limitations, and the associated legal issues, including cross-border legal issues, in order to effectively advise clients.

Listen as our authoritative panel explores the emergence of smart contracts and the legal, regulatory and consumer protection issues associated with their use.

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Outline

  1. How smart contracts work
  2. How smart contracts are being applied in different business transactions and industries
  3. How smart contracts will impact legal practice
  4. Legal, regulatory and consumer protection considerations with smart contracts

Benefits

The panel will review these and other key issues:

  • How smart contracts are being used in a variety of business transactions
  • Whether smart contracts are legally enforceable and binding
  • Legal, regulatory and consumer protection issues with smart contracts

Faculty

Lewis R. Cohen
Lewis R. Cohen

Partner
Hogan Lovells US

Mr. Cohen’s practice is focused on complex cross-border transactions. His experience includes working on the...  |  Read More

Josias N. (Joe) Dewey
Josias N. (Joe) Dewey

Partner
Holland & Knight

Mr. Dewey is a financial services and real estate attorney and is considered one of the foremost thought leaders...  |  Read More

Kari S. Larsen
Kari S. Larsen

Counsel
Reed Smith

Ms. Larson has extensive international experience in building businesses and managing global commercial, legal, and...  |  Read More

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