Skip to main content

  • AddRemove
  • Build a Report 
Legal Update

US Seventh Circuit Considers "What Are Collateral Proceeds?" and "What Is an Adequate Collateral Description?"

26 January 2009
Mayer Brown Legal Update
In Helms v. CPC Acquisition (2008 WL 5396852 (C.A.7 (Ill.)), decided on December 30, 2008, the United States Court of Appeals for the Seventh Circuit addressed two issues of interest to secured lenders. The first issue was the extent to which recoveries for losses due to business interruption constitute proceeds of collateral.

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.