Law360, New York ( January 26, 2015, 10:35 AM EST) -- To err may be human, but at what cost? How about $1.5 billion? On Wednesday, the United States Court of Appeals for the Second Circuit declined to save a secured creditor who, as part of the payoff and termination of a $300 million financing, mistakenly also permitted the filing of a UCC3 termination statement pertaining to $1.5 billion in unrelated secured debt....
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