Excel also executed a general business security agreement for the benefit of Sierra in the amount of the loan. A few months after the parties executed their security agreement, Excel went into receivership. The receiver objected. Therefore, to the extent that Sierra failed to identify accounts receivable, Sierra has no security interest. The methodology and standards establishing our de novo review of a trial court's grant or denial of summary judgment have been repeated many times and need not be restated here.
Attachment occurs as soon as all of the events specified in sub.
These theories present two sides of the same flipped coin and, we conclude, whichever way the coin lands, Excel wins. Decisions from other jurisdictions, however, provide very helpful guidance. See Miracle Feeds, Inc. v. See, e.g., First Nat'l Bank v. First Sec. Excel is correct.