Imagine a Secured Creditor Being Beaten by an Unsecured One!
3 Pages Posted: 8 Aug 2012
Date Written: July 17, 2012
This article analyzes a recent California appellate decision that rejects the claim of an Article 9 secured creditor to loan funds held in escrow to buy out a former partner of the borrower.
Keywords: Priorities, secured lending, Article 9, Oxford St. v. Rehabilitation Associates
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