Legal Opinion
K.M.C. Co., Inc. v. Irving Trust Company
Court of Appeals for the Sixth Circuit
Decided March 4, 1985No. 83-5563PublishedCited by 213 opinions
1Opinion of the Court
CORNELIA G. KENNEDY, Circuit Judge.
Irving Trust Company (Irving) appeals from a judgment entered against it in this diversity action for breach of a financing agreement. K.M.C. is a Tennessee corporation headquartered in Knoxville and engaged in the wholesale and retail grocery business. In 1979, Irving and K.M.C. entered into a financing agreement, whereby Irving held a security interest in all of K.M.C.’s accounts receivable and inventory and provided K.M1C. a line of credit to a maximum of $3.0 million, increased one year later to $3.5 million at a lower rate of interest, subject to a…
2Cases cited60 opinions
- Schneckloth v. BustamonteSupreme Court of the United States · 1973
- Wainwright v. SykesSupreme Court of the United States · 1977
- Fuentes v. ShevinSupreme Court of the United States · 1972
- Curtis Publishing Co. v. ButtsSupreme Court of the United States · 1967
- Brookhart v. JanisSupreme Court of the United States · 1966
55 more not listed; retrieve them via the Exa API.
3Cited by213 opinions
- In Re Prudential Insurance Co. of AmericaTexas Supreme Court · 2004
- Rexnord Holdings, Inc. v. Maurice BidermannCourt of Appeals for the Second Circuit · 1994
- Kham & Nate's Shoes No. 2, Inc., Debtor-Appellee v. First Bank of WhitingCourt of Appeals for the First Circuit · 1990
- Ed Schory & Sons, Inc. v. FrancisOhio Supreme Court · 1996
- Tracinda Corp. v. Daimlerchrysler AgCourt of Appeals for the Third Circuit · 2007
208 more not listed; retrieve them via the Exa API.