Hey there folks! We were busy checking things out online and came across yet another interesting story. So – here’s another news item we found for the bucket trucks industry!
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Ambiguous UCC Collateral Descriptions Part II: Another Snare for Private Equity Companies
Lexology The debtor, I80 Equipment, LLC, operated a commercial business that purchased and refurbished bucket trucks for resale. In 2015, First Midwest Bank made a commercial loan to I80. I80 granted a security interest in substantially all of its assets to … |
