Grayson Services, Inc. v. Wells Fargo Bank
California Court of Appeal
1Opinion of the Court
Opinion
FRANSON, J.
INTRODUCTION
Based on a default judgment, a judgment creditor served a writ of execution and notice of levy on Wells Fargo Bank (Wells Fargo) in an *566attempt to obtain two certificates of deposit and related interest payments that the judgment creditor believed were the property of its judgment debtor. The certificates of deposit in question were in the possession of, and made payable to, a public entity. The accrued interest had been delivered to a creditor with a competing levy. Consequently, Wells Fargo’s memorandum of garnishee stated it had nothing to report and no…
2Cases cited14 opinions
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