Accounts receivable serve as an important source of collateral – indeed, receivables and other rights to payment represent the lifeblood of asset-based lending, securitizations and.
In Worthy Lending LLC v. New Style Contractors. Inc., New York’s highest court, the New York Court of Appeals, has ruled that a security interest includes a lender’s right to force the.
New York State’s highest court recently dealt a big win for secured lenders holding accounts receivable as collateral. In Worthy Lending LLC v. New Style Contractors, Inc., the Court of.
In Worthy Lending LLC v. New Style Contractors. Inc., the New York Court of Appeals held that a security interest includes a lender’s right to force the borrower’s account debtors to.
Operator
Good afternoon, ladies and gentlemen, and welcome to Ebix s 2020 Financial Results Investor Call. [Operator Instructions]
I d now like to turn the conference over to your host, Mr. Darren Joseph, Corporate Vice President.
Darren Joseph
Corporate Vice President, Finance & Human Resources
Thank you. Welcome everyone to Ebix Incorporated s 2020 annual results earning conference call. Joining me to discuss the quarter is Ebix s Chairman, President and CEO, Robin Raina; President, Insurance Services, North America, Ash Sawhney; and Ebix EVP and CFO, Steve Hamil.
Following our remarks, we will open up the call for your questions.
Now, let me quickly cover the safe harbor. Some of the statements that we make today are forward-looking, including, among others, statements regarding Ebix s future investments, our long-term growth and innovation, the expected performance of our businesses and our use of cash. These statements involve a number of risks and uncertainties that m