Don't know if you know anything about the UCC, particularly Article 9 (secured transactions). In any case, there are issues of perfection and surplus that immediately come to mind. On the issue of surplus, if YA was overpaid, the surplus is to come back to the debtor (MOBL). Also, if the case was settled, was there pressure to accept less than what might otherwise have been achieved just so this debt could be paid off quickly and have done?
Lots of questions here. Who were the lawyers handling this case for MOBL when it was settled?
There are a lot of issues here. More than most would think of.
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