Fariba v. Dealer Services Corp.
California Court of Appeal
1Opinion of the Court
Opinion
NARES, J.
On these appeals we are confronted with an issue of first impression that centers on tire interpretation of those portions of the California Uniform Commercial Code 1 dealing with the priority of security interests in personal property among competing creditors. Specifically, where a secured creditor of a business has actual knowledge that the business is substantially engaged in selling the goods of others, i.e., consignment sales, are the rights of the consignor superior to those of the secured creditor? We hold that they are.
INTRODUCTION
Plaintiff Behyar Fariba is an…
2Cases cited22 opinions
- Bowers v. BernardsCalifornia Court of Appeal · 1984
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- Johnson v. Pratt & Whitney Canada, Inc.California Court of Appeal · 1994
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