My co-clerk told me of a monopoly game that took place last night at Captain Statute's place between four lawyers. He described to me how he was using a security interest in his own property ("one of the red ones") as collateral for loans used to keep himself out of bankruptcy. There were apparently some bankruptcy issues that came up when one player ran out of cash: Article 9 of the UCC may or may not have been referenced to figure out creditor priority and the redistribution of the equity in the estate. Nothing further.
UPDATE: It's for sure that the woman in that picture was not there.
1 comment:
Please tell me that Captain Statute won. If he is fallible, the world is doomed.
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