Defendant purchased collateral, including the court reporting business formerly owned by plaintiff, from a senior secured lender that had acquired the collateral in foreclosure. Under the circumstances and the provisions of Illinois law applicable in this matter, defendant was a good faith purchaser and took the collateral free and clear of any rights and interests therein subordinate to those of the senior secured lender (see III Rev Stat,
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HJA HOLDINGS, INC. v. ESQUIRE DEPOSITION SERVICES, LLC
23 A.D.3d 175 (2005)
804 N.Y.S.2d 29
HJA HOLDINGS, INC., Appellant, v. ESQUIRE DEPOSITION SERVICES, LLC, Respondent.
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
November 1, 2005.
November 1, 2005.
Appellate Division of the Supreme Court of the State of New York, First Department.
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