Pundits have been predicting the cashless society for a long time, perhaps even longer than the paperless office. Nonetheless the evidence is mounting that we are getting closer (at least to the former). The Section of Business Law of the American Bar Association ran a program at its spring meeting in Montreal this year on the possible disappearance of cash and the legal consequences.
Here are some of the highlights of presentations by Ed Morse of Creighton University, who presided, Denis Rice of Arnold and Porter, Jillian Friedman of the National Bank of Canada, and Erin Fonté of Dykema in . . . [more]