Plaintiff entered into a succession of financial arrangements with nonparty corporate entities Otis Creation and Blue Apparel Company, and their principal, Ki Young Bong. Blue Apparel, as assignee of Otis Creation, defaulted, triggering certain rights on plaintiff's behalf. Pursuant to their loan agreement, plaintiff had a perfected security interest in all of Blue Apparel's assets, inventory, property and contract rights, authorizing it, upon default, to take title to Blue...
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