Legal Opinion

Continental Oil Co. v. Citizens Trust & Savings Bank

Michigan Supreme Court

Decided July 28, 1976No. 56527, (Calendar No. 7)PublishedCited by 20 opinions

1Opinion of the CourtFitzgerald, J.

Plaintiff Continental Oil Company and defendant Citizens Trust and Savings Bank each believes it has a superior secured interest in inventory, proceeds, and accounts receivable belonging to Blossom Trail Growers, Inc., formerly named South Haven Fruit Exchange. The question presented is whether Citizens Bank, as the holder of a prior secured interest against South Haven, had an affirmative duty to amend or refile its financing statement to reflect the name change from South Haven Fruit Exchange to Blossom Trail Growers, Inc., in order to preserve its superior interest over Continental Oil…

2Cases cited3 opinions

  1. In re the General Assignment for the Benefit of Creditors of Pasco Sales Co.New York Supreme Court · 1974
  2. Continental Oil Co. v. Citizens Trust & Savings BankMichigan Court of Appeals · 1974
  3. In Re McCoyDistrict Court, D. Kansas · 1971

3Cited by20 opinions

  1. American Employers Insurance Company v. American Security Bank, N.A. American Security Bank, N.A. v. American Employers Insurance CompanyCourt of Appeals for the D.C. Circuit · 1984
  2. American City Bank of Tullahoma v. Western Auto Supply Co.Court of Appeals of Tennessee · 1981
  3. Drysdale v. Cornerstone BankMissouri Court of Appeals · 1978
  4. In Re West Coast Food Sales, Inc., Bankrupt. Edward E. Towers v. B. J. Holmes Sales Co., Inc.Court of Appeals for the Ninth Circuit · 1981
  5. In Re HammonsDistrict Court, S.D. Mississippi · 1977

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