Michael Houghton Speaks at Unclaimed Property Professionals Organization 2008 Regional Conference

August 2008

Wilmington, DE - Michael Houghton, a partner in the Commercial Law Counseling Group at Morris, Nichols, Arsht & Tunnell LLP was a featured speaker at the Unclaimed Property Professional Organization (UPPO) 2008 Regional Conference held in Chicago on August 21, 2008.

The UPPO created the conference in response to an overwhelming request for more regional educational programs. Mike's educational session addressed various topics that included how unclaimed property is defined, rules of jurisdiction, uniform unclaimed property acts, major cases, and best practices.

Mike advises Fortune 500 companies and other entities on unclaimed property issues and provides representation in connection with unclaimed property audits and voluntary compliance with unclaimed property laws.  His practice also involves the representation of governmental entities, banks, trust companies, insurance companies, and public utilities in commercial transactions and before regulatory authorities and governments. Mike has helped draft and enact numerous pieces of legislation in Delaware including Delaware's Bank Insurance Powers Act, Limited Liability Partnership Act, Revised Article 9 of the Uniform Commercial Code and Delaware's "Technology Court" legislation granting the Delaware Court of Chancery jurisdiction over complex business disputes involving technology and allowing the Court to mediate many types of complex business disputes.  He is currently Chair of the Committee on Scope and Program and a member of the Executive Committee of the National Conference of Commissioners on Uniform State Laws ("NCCUSL") and is former Chair of the NCCUSL Legislative Committee, which develops and oversees the NCCUSL legislative enactment agenda.