Citizens & Southern National Bank v. Rayle

Hill, Justice.

The bank filed an action seeking declaratory judgment and injunctive relief against Dr. Albert A. Rayle, Jr., Metropolitan *728Radiology, P.C., and others. The bank asserted a security interest in the accounts receivable of the Bolton Road Hospital. It sought a declaratory judgment that its security interest had priority over Rayle’s and Metropolitan Radiology’s claims to certain funds and an injunction to prevent them from interfering with the bank’s efforts to collect the hospital’s accounts receivable. The defendants counterclaimed as to those same funds.

The trial judge appointed…