Vermilion County Production Credit Ass'n v. Izzard

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “It is a clause inserted to protect the security holder as to third parties — not one of permission or consent to the borrower.”
• court rejected arguments of consent to sale based on provisions of security agreement that the secured party’s interest would attach to after-acquired property and to proceeds, and of waiver based on unspecified usage of trade

Source: CourtListener parenthetical corpus (CC0).