Abstract
On July 3, 2012, in Patco Construction Co. v. People’s United Bank, the First Circuit held that security procedures used to verify electronic funds transfers initiated through online banking were commercially unreasonable. In reaching its decision, the court laid a strong foundation for analyzing commercial reasonableness in future cases. This Comment argues that future courts should build on this analysis by considering recent merger activity when determining the standard against which commercial reasonableness should be measured.
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Metadata
- Subject
Banking and Finance Law
Commercial Law
Internet Law
Science and Technology Law
- Journal title
Boston College Law Review
- Volume
54
- Issue
6
- Pagination
E. Supp. 217
- Date submitted
7 September 2022
- Keywords