Fairchild Industries, Inc. v. United States

This suit involves the proceeds from the assignment of three government contracts. The original plaintiff in this action, Fairchild Industries, Inc., a subcontractor of the assignor, Aeroking, Inc., and the McDowell National Bank, the assignee and intervenor, seek payment of the proceeds of these contracts which they claim they never received from the Government. The record shows that the Department of the Air Force entered into these contracts with Aeroking, Inc., contractor, (i.e., contracts Nos. F-34601-73C-3075, F-34601-73-C-3078 and F-34601-74-C-0806). Fairchild Industries, Inc. supplied…