Legal Opinion

First Bank v. Roslovic & Partners, Inc.

Ohio Supreme Court

Decided July 28, 1999No. 98-1097PublishedCited by 9 opinions

1Opinion of the CourtMoyer, C.J.

The sole issue presented is whether payments made by an account debtor to an assignor of accounts receivable after receiving sufficient notice of an assignment violate the assignment, thus subjecting the account debtor to liability to the assignee for the payments made to the assignor. First Bank is contesting only the checks payable to Mascrete to be used to pay wages.

R.C. 1309.37(C) provides the procedure by which an assignee of accounts receivable may obligate an account debtor for payments made on the accounts:

“(C) The account debtor is authorized to pay the assignor until the account…

2Cases cited1 opinion

  1. Surety Savings & Loan Co. v. KanzigOhio Supreme Court · 1978

3Cited by9 opinions

  1. Reading Co-Operative Bank v. Suffolk Construction Co.Massachusetts Supreme Judicial Court · 2013
  2. MP Star Financial, Inc. v. Cleveland State UniversityOhio Supreme Court · 2005
  3. Roselawn Chiropractic Center, Inc. v. Allstate InsuranceOhio Court of Appeals · 2005
  4. First Bank v. Roslovic & Partners, Inc.Ohio Court of Appeals · 2000
  5. Gloekler v. Allstate Ins. Co., 2007-A-0040 (11-16-2007)Ohio Court of Appeals · 2007

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