ABOUT
Mike Avidon is a partner in Moses & Singer LLP, a New York City law firm, and Co-Chair of its Banking & Finance Practice Group. He is widely recognized for his knowledge of letters of credit (LCs), lending, and secured transactions. Mike’s practice emphasizes secured and unsecured lending transactions, LC transactions, trade finance, supply chain finance, accounts receivable purchases, draft discounting, subscription finance, electronic contracting, white labeling agreements, and LC litigation. His clients include money center banks (often acting as administrative agent for syndicate lenders) and other financial institutions. Mike’s contributions to the law and industry practice rules include participating in the 1990’s revision of UCC Article 5 on Letters of Credit and the preparation of the International Standby Practices 1998 (ISP98), serving as a member of the ICC’s Consultative Group that helped prepare the ICC Uniform Rules for Bank Payment Obligations, and participating in drafting Rules of Arbitration for the International Center for Letter of Credit Arbitration, Inc. He recently served as an Observer to the Joint Study Committee on the Uniform Commercial Code and Emerging Technologies (involving digital negotiable instruments and other innovations and proposed changes to the UCC) and is also a charter member of the Editorial Advisory Board of Documentary Credit World (and, previously, of Letter of Credit Update). Mike writes and speaks frequently about LCs, demand guarantees, syndicated lending, secured transactions, trade finance, and other finance-related topics, and actively participates in bar associations and trade groups. Mike was elected a Fellow of the prestigious American College of Commercial Finance Lawyers. He is a past Co-Chair of the Letters of Credit Subcommittee of the UCC Committee of the American Bar Association and a past Chair of the Subcommittee on Letters of Credit of the New York State Bar Association’s Banking Law Committee. Mike has been listed in The Best Lawyers in America® and Law & Politics’ “New York Super Lawyers.” Mike earned his J.D., with honors, from Columbia University School of Law and received his B.A., summa cum laude, from Brooklyn College.
