Rochelle's Daily Wire

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Security Interests Are Assignments of Accounts Receivable, New York High Court Says

Once an account debtor is notified to pay the lender, not paying an account receivable to the lender can mean that the account debtor pays twice.

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Opinion Link

Case Details

Case Citation

Worthy Lending LLC v. New Style Contractors Inc., 2022-86 (N.Y. Nov. 22, 2022)

Case Name

Worthy Lending LLC v. New Style Contractors Inc.

Case Type

Business