SCT, U.S.A., Inc. v. Mitsui Manufacturers Bank

Opinion

JOHNSON, J.

This appeal arises under the California Commercial Code. The parties are creditors of Jordan K. Rand (JKR), a wholesaler and importer of denim jeans. Appellant, SCT, U.S.A., Inc., (SCT), a manufacturer of jeans, argues its attachment lien against JKR’s assets is superior to the prior security interest of respondent, Mitsui Manufacturers’ Bank (Mitsui). Mitsui’s security interest was perfected by the filing of a UCC-1 financing statement with the Secretary of State and extended by the filing of a UCC-2 continuation statement. SCT’s only claim on appeal is the continuation…