Legal Opinion
National Acceptance Company of America v. Frank S. Blackford, Trustee in Bankruptcy of the Estate of Shelco Building Corporation, Bankrupt
Court of Appeals for the Fifth Circuit
Decided March 3, 1969No. 26104_1PublishedCited by 6 opinions
1Opinion of the Court
DAWKINS, District Judge:
Appellant, National Acceptance Company of America (NACA), claimed the security of a factor’s lien in the bankruptcy of Shelco Building Corporation (Bankrupt). NACA’s claim in that respect was contested by appellee, Frank S. Blackford, the Trustee. The Referee disallowed NACA’s claim on several grounds and the United States District Court for the Northern District of Alabama, upon review, affirmed the Referee’s rulings. This appeal followed.
July 21, 1965, NACA entered into a three-year factor’s lien agreement with Bankrupt, the purpose of which was to provide NACA with…
2Cases cited3 opinions
- In Re Tele-Tone Radio Corp., Etc.District Court, D. New Jersey · 1955
- In the Matter of Samuel Freeman, Individually and Trading as Pedi-Tred Shoes, Bankrupt, International Shoe CompanyCourt of Appeals for the Third Circuit · 1961
- In re Frederick Speier Footwear Corp.District Court, D. Connecticut · 1955
3Cited by6 opinions
- First National Bank, Cortez v. First Interstate Bank, Riverton, N.A.Wyoming Supreme Court · 1988
- Yamashita-Shinnihon Kisen, K.K. Tokyo v. W. J. Jones & Son, Inc.Court of Appeals for the Ninth Circuit · 1973
- Bank of America National Trust & Savings Ass'n v. VroomanCourt of Appeals for the Ninth Circuit · 1973
- Country Junction, Inc. v. Money Exchange (In Re Country Junction, Inc.)United States Bankruptcy Court, W.D. Texas · 1985
- Iredale's Ltd. v. VroomanCourt of Appeals for the Ninth Circuit · 1973
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