‘All Assets’ Combined with ‘Including’ Makes a UCC-1 Bulletproof, Circuit Says
Even if location is wrong, financing statement is sufficient by saying ‘all assets.’
Judge Name - Do not use it.
Second Circuit
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Mishandling Collateral Gives Rise to Nondischargeable Debt, Eleventh Circuit Holds
Mishandling collateral is nondischargeable even if the security interest is unperfected.
Bankruptcy Code