ITT Diversified Credit Corp. v. Highlands Insurance
California Court of Appeal
1Opinion of the Court
Opinion
NEWSOM, J.
ITT Diversified Credit Corporation (hereafter respondent or ITT) provided funding for the purchase of 64 motorcycles by Transara Motor Sports, Inc. (hereafter Transara) in accordance with the terms of an “Agreement for Wholesale Financing” (hereafter the agreement) executed by the parties in February of 1978. The total amount of money advanced to Transam by respondent pursuant to the agreement was $71,425.30.
In July of 1978, respondent filed a complaint against Transam and others 2 alleging that 13 of the financed motorcycles had been “sold or otherwise disposed of by TRANSAM…
2Cases cited29 opinions
- United States Leasing Corp. v. duPontCalifornia Supreme Court · 1968
- Heckes v. SappCalifornia Court of Appeal · 1964
- American Aeronautics Corp. v. Grand Central Aircraft Co.California Court of Appeal · 1957
- Pacific Employers Insurance v. City of BerkeleyCalifornia Court of Appeal · 1984
- Ryan v. ShannahanCalifornia Supreme Court · 1930
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3Cited by8 opinions
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- United Pacific Insurance v. United States Department of the InteriorDistrict Court, C.D. California · 1999
- State Board of Equalization v. CarletonCalifornia Court of Appeal · 1990
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