Legal Opinion
Peoples State Bank v. San Juan Packers, Inc.
Court of Appeals for the Ninth Circuit
Decided January 12, 1983No. 79-4238PublishedCited by 3 opinions
1Per curiam
This is a dispute between a secured creditor of a bankrupt food processor and a secured creditor of farmers from whom the food processor bought vegetables. The food processor, San Juan Packers, Inc., bought cans on credit from a can manufacturer, National Can Corporation, and granted the can manufacturer a floating lien on all of its inventory. In late summer, 1976, the food processor bought vegetables from many farmers, including the three involved in this litigation. These three farmers had obtained financing from Peoples State Bank and had granted the bank a security interest in their…
2Cases cited4 opinions
- Garden City Production Credit Assn. v. LannanNebraska Supreme Court · 1971
- Howarth v. Universal CIT Credit CorporationDistrict Court, W.D. Pennsylvania · 1962
- Get It Kwik of America, Inc. v. FIRST ALA. BANK, ETC.Court of Civil Appeals of Alabama · 1978
- Chrysler Credit Corp. v. Bank of WigginsMississippi Supreme Court · 1978
3Cited by3 opinions
- In the Matter of San Juan Packers, Inc., Debtor. Peoples State Bank, a Washington Corporation v. San Juan Packers, Inc., a Washington Corporation, and St. Paul Bank for Cooperatives, a National Bank American Farms Cooperative, Inc., a Wisconsin Corporation National Can Company, a Foreign Corporation the Bank of California, N.A., a National Banking Corporation Rainier National Bank, a Washington Corporation, Additional and National Can Corporation, Third Party v. Clare Hellyer, Peter Hellyer, Mike Roorda and Roy Bender, Third PartyCourt of Appeals for the Third Circuit · 1983
- Opinion No. (1991), Nebraska Attorney General Reports1991
- Van Diest Supply Co v. Shelby County StateCourt of Appeals for the Seventh Circuit · 2005