Legal Opinion

St. Paul Fire & Marine Insurance v. Fort Vancouver Plywood Co. (In re Brazier Forest Products, Inc.)

Court of Appeals for the Ninth Circuit

Decided December 12, 1990No. 89-35424PublishedCited by 1 opinion

1Opinion of the Court

BRUNETTI, Circuit Judge:

Brazier Forest Products, Inc. and Brazier Forest Industries, Inc. (“Brazier”) are lumber manufacturers. To finance its operations, Brazier obtained loans from appellee Rainier National Bank (“Rainier”), and gave Rainier security interests in its accounts receivable.

The United States Forest Service (“USFS”) owned the land on which Brazier acquired timber cutting rights. Brazier paid the USFS a set amount for the timber it cut on Forest Service land. The contracts between Brazier and the USFS permitted the posting of payment bonds to qualify as payment for the logs.…

2Cases cited14 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Meyer v. United StatesSupreme Court of the United States · 1963
  3. Leonard D. Goodisman v. Scott LytleCourt of Appeals for the Ninth Circuit · 1984
  4. Miller v. Fairchild Industries, Inc.Court of Appeals for the Ninth Circuit · 1986
  5. Mcconnell v. CritchlowCourt of Appeals for the Ninth Circuit · 1981

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3Cited by1 opinion

  1. 24 Collier bankr.cas.2d 320, Bankr. L. Rep. P 73,760 in Re Brazier Forest Products, Inc., Brazier Forest Products of Oregon, Inc., Brazier Forest Industries, Inc. St. Paul Fire & Marine Insurance Company, a Minnesota Corporation v. Fort Vancouver Plywood Company, a Washington CorporationCourt of Appeals for the Ninth Circuit · 1990

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