- 11 U.S.C.
Ring v. First Niagra Bank (In re Sterling United Inc.)
Oct
03
2014
Ruling
Convoluted collateral description in series of UCC filings was not "seriously misleading" with respect to trustee and was not grounds for avoidance.
Issue(s)
Whether a needlessly convoluted description of collateral in a succession of U.C.C. financing statements causes a claim of security to fail as "seriously misleading" under N.Y. U.C.C. Law § 9-506.
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Court
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