8th Cir. Holds Foreclosure Did Not Discharge Security Interest in Proceeds of Collateral

The U.S. Court of Appeals for the Eighth Circuit recently held that a secured party’s foreclosure did not discharge an otherwise valid security interest in the proceeds of the collateral, nor did it preclude the creditor from pursuing its rights to such proceeds. A copy of the opinion in Bayer CropScience, LLC v. Stearns Bank National […]Coleman Braun

Source: Consumerfsblog – 8th Cir. Holds Foreclosure Did Not Discharge Security Interest in Proceeds of Collateral

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