Legal Opinion
First National Bank v. Atlanta Classic Cars, Inc.
Court of Appeals of Georgia
Decided October 20, 1987No. 75520PublishedCited by 6 opinions
1Opinion of the Court
Deen, Presiding Judge.
According to the facts stipulated by the parties, CBS Leasing, Inc. (CBS), was a licensed automobile dealer that regularly bought, sold, and leased new and used cars. Its usual method of business involved finding a lease customer for an automobile, and then selling the vehicle and assigning the lease to a financial institution rather than retaining ownership and receiving the monthly lease payments. In late spring 1981, CBS ordered a new Mercedes from Atlanta Classic Cars, Inc. (ACC), which delivered the vehicle to CBS on July 10, 1981. Although the invoice indicated a…
2Cases cited5 opinions
- Hightower v. BerlinCourt of Appeals of Georgia · 1973
- Pierce v. Leasing International, Inc.Court of Appeals of Georgia · 1977
- Ford v. Rollins Protective Services Co.Court of Appeals of Georgia · 1984
- Owensboro National Bank v. JenkinsCourt of Appeals of Georgia · 1985
- United Carolina Bank v. Capital Automobile Co.Court of Appeals of Georgia · 1982
3Cited by6 opinions
- Tompkins v. MayersCourt of Appeals of Georgia · 1993
- Franklin v. First National Bank of MorrillWyoming Supreme Court · 1993
- Classic Cadillac, L. P. v. World Omni Leasing, Inc.Court of Appeals of Georgia · 1991
- City Food Mart, Inc. v. Bell Atlantic Tricon Leasing Corp.Court of Appeals of Georgia · 1995
- Coastal Bank v. Douglas Asphalt Co. (In re Galbreath Clearing & Grading, Inc.)United States Bankruptcy Court, S.D. Georgia · 2000
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