Legal Opinion

Avant Petroleum, Inc. v. Banque Paribas

Court of Appeals for the Second Circuit

Decided August 4, 1988No. 511, Docket 87-7786PublishedCited by 19 opinions

1Opinion of the Court

KEARSE, Circuit Judge:

In this interpleader action pursuant to 28 U.S.C. §§ 1335 and 2361 (1982), defendant *141BP North America Petroleum Inc. (“BP”) appeals from so much of a final judgment of the United States District Court for the Southern District of New York, Edward Weinfeld, Judge, as awarded $6,300,000 of the interpleader fund to defendant Banque Paribas (“Paribas”) instead of to BP 652 F.Supp. 542. The court recognized Pari-bas’s claim on the basis of a security interest perfected by Paribas pursuant to the Uniform Commercial Code (“U.C.C.”) prior to the filing of the interpleader action…

2Cases cited9 opinions

  1. New York Life Insurance Co. v. Connecticut Development Authority and Minority Equity Capital Corp., and Rupert C. SterlingCourt of Appeals for the Second Circuit · 1983
  2. Lockhart v. Garden City Bank & Trust Co.Court of Appeals for the Second Circuit · 1940
  3. In the Matter of Chaseley's Foods, Inc., D/B/A Vic's Super Foods, Debtor. Appeal of Daniel L. Freeland, TrusteeCourt of Appeals for the Seventh Circuit · 1984
  4. Chicago Gravel Co. v. HowardCourt of Appeals for the Seventh Circuit · 1934
  5. Benedict v. ZutesNew York Supreme Court · 1914

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3Cited by19 opinions

  1. Fidelity Brokerage Services, LLC v. Bank of ChinaDistrict Court, S.D. New York · 2002
  2. In Re Halmar Distributors, Inc., Debtors. General Electric Company v. Halmar Distributors, Inc.Court of Appeals for the First Circuit · 1992
  3. Avant Petroleum, Inc. v. Banque ParibasCourt of Appeals for the Second Circuit · 1988
  4. National Westminster Bancorp N.J. v. ICS Cybernetics, Inc. (In Re ICS Cybernetics, Inc.)United States Bankruptcy Court, N.D. New York · 1989
  5. Connecticut Insurance Guaranty Ass'n v. StateSupreme Court of Connecticut · 2006

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