Legal Opinion

Pierce v. Astoria Fish Factors, Inc.

Court of Appeals of Washington

Decided January 25, 1982No. 8531-0-IPublishedCited by 1 opinion

1Opinion of the Court

Durham, A.C.J.

This is a receiver's action to recover preferences. The creditor disputed the classification of the transfers as preferences and claimed a valid security interest in the debtor's property. From a judgment in favor of the receiver, holding the debt to be unsecured, the creditor appeals.

Appellant Business Factors, Inc. (BFI) is a Washington corporation whose business it is to provide financing by factoring inventory and accounts receivable. Prior to 1975 it had provided such financing for Kirby J. White, a defendant herein, d/b/a Totem Seafoods as a sole proprietorship. On October…

2Cases cited13 opinions

  1. State v. Northwest Magnesite Co.Washington Supreme Court · 1947
  2. J.B.C. Lockwood, Jr., Successor to Sanford M. Sage, Trustee in Bankruptcy of Emerald Properties, Inc. v. The Wolf Corporation, a Delaware CorporationCourt of Appeals for the Ninth Circuit · 1980
  3. Barnes v. TreeceCourt of Appeals of Washington · 1976
  4. Twisp Mining & Smelting Co. v. Chelan Mining Co.Washington Supreme Court · 1943
  5. Reuter Organ Co. v. First Methodist Episcopal ChurchWashington Supreme Court · 1941

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3Cited by1 opinion

  1. Spokane Concrete Products, Inc. v. U.S. BankWashington Supreme Court · 1995

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