Legal Opinion
Orix Credit Alliance, Inc. v. Sovran Bank, N.A.
Court of Appeals for the Fourth Circuit
Decided August 30, 1993No. 92-2386PublishedCited by 32 opinions
1Opinion of the Court
HAMILTON, Circuit Judge:
Orix Credit Alliance, Inc. (Orix) appeals the district court’s grant of summary judgment in favor of Sovran Bank (Sovran) awarding Sovran a priority claim to the proceeds arising from the sale of a Crane on *1264which Orix maintained a security interest lien. Finding no error, we affirm.
I
This controversy involves a dispute over the right to proceeds from the sale of a debtor’s collateral. In September 1988, Orix and its debtor, AE. Finley and Associates (Finley), entered into an agreement under which Orix agreed to finance, from time to time, Finley’s acquisition of large…
2Cases cited10 opinions
- Harley-Davidson Motor Co., Inc., and Itt Commercial Finance Corp. v. Bank of New England--Old Colony, N.A.Court of Appeals for the First Circuit · 1990
- Citizens National Bank v. Mid-States Development Co.Indiana Court of Appeals · 1978
- In Re Halmar Distributors, Inc., Debtors. General Electric Company v. Halmar Distributors, Inc.Court of Appeals for the First Circuit · 1992
- Barber-Greene Company v. National City Bank of MinneapolisCourt of Appeals for the Eighth Circuit · 1987
- National Acceptance Co. of America v. Virginia Capital BankDistrict Court, E.D. Virginia · 1980
5 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Torres v. Puerto Rico Tourism Co.Court of Appeals for the First Circuit · 1999
- Itt Commercial Finance Corporation v. Bank of the WestCourt of Appeals for the Fifth Circuit · 1999
- HCC Credit Corp. v. Springs Valley Bank & TrustIndiana Supreme Court · 1999
- Bank of New Hampshire v. United StatesDistrict Court, D. New Hampshire · 2000
- Orix Financial Services, Inc. v. KovacsCalifornia Court of Appeal · 2008
27 more not listed; retrieve them via the Exa API.