Commerce Funding Corp. v. Southern Financial Bank

MEMORANDUM OPINION

HILTON, Chief Judge.

This matter comes before the Court on Plaintiff/Counter-Defendant, Commerce Funding Corporation’s (“CFC”) Motion for Summary Judgment as to Counts III and IV of the Counter-Claims of Defendant/Counter-Plaintiff, Worldwide Security Services, Inc. (‘Worldwide”).

This action was commenced when PlaintiffiCounter-Defendant, CFC, filed a claim for interpleader and deposited into the registry of this Court funds claimed by Defendant/Counter-Plaintiff, Worldwide, and Defendants, Southern Financial Bank (“Southern”) and Bank of Asheville (“BOA”). In response to…