Legal Opinion
Iac, Ltd. v. Princeton Porsche-Audi.
Supreme Court of New Jersey
Decided February 9, 1978PublishedCited by 11 opinions
1Opinion of the Court
The opinion of the Court was delivered by
Pashman, J.
The only question before the Court is whether the interest of a holder of a valid foreign lien remains superior to that of an innocent purchaser of the encumbered goods where the buyer is a dealer with respect to the goods and the purchase takes place within four months of the transfer of the property to New Jersey. Simply put, the issue is one of straightforward statutory construction involving N. J. S. A. 12A:9-103(3) and (4).
On August 2, 1976 Charles Ryan applied to IAC, Ltd., a Canadian corporation, to finance his purchase of a new…
2Cases cited8 opinions
- Phil Phillips Ford, Inc. v. St. Paul Fire & Marine Insurance Co.Texas Supreme Court · 1971
- CASTERLINE v. GMACSuperior Court of Pennsylvania · 1961
- Churchill Motors, Inc. v. A. C. Lohman, Inc.Appellate Division of the Supreme Court of the State of New York · 1962
- Al Maroone Ford, Inc. v. Manheim Auto Auction, Inc.Superior Court of Pennsylvania · 1965
- Community Credit Co. v. GillhamNebraska Supreme Court · 1974
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Chemical Bank v. Miller Yacht SalesNew Jersey Superior Court Appellate Division · 1980
- Strick Corp. v. Eldo-Craft Boat Co., Inc.District Court, W.D. Arkansas · 1979
- State v. DubeSupreme Judicial Court of Maine · 1979
- Pinkerton's Inc. v. John A. Roebling Steel Corp.New Jersey Superior Court Appellate Division · 1982
- Gerber Industries, Inc. v. Bildisco (In Re Bildisco)United States Bankruptcy Court, D. New Jersey · 1980
6 more not listed; retrieve them via the Exa API.