Legal Opinion
Fico, Inc. v. Ghingher
Court of Appeals of Maryland
Decided February 21, 1980No. [No. 29, September Term, 1979.]PublishedCited by 37 opinions
1Opinion of the CourtDavidson, J.
This case involves an application of Maryland Uniform Commercial Code — Bulk Transfers, Md. Code (1975), §§ 6-101 — 6-111 of the Commercial Law Article (Bulk Transfer Act). This Act applies to enterprises whose business is the sale of merchandise from inventory. Macke Co. v. Pizza of Gaithersburg, Inc., 259 Md. 479, 492-93, 270 A.2d 645, 652 (1970); § 6-102 (3). Its principal purpose is to protect creditors from commercial fraud which may occur when a merchant disposes of a major part of his inventory in a single transaction leaving his creditors unpaid. This purpose is achieved by requiring…
2Cases cited32 opinions
- Cole v. Randall Park Holding Co.Court of Appeals of Maryland · 1988
- Phenix Insurance v. P. J. Willis & Bro.Texas Supreme Court · 1888
- MacKe Co. v. Pizza of Gaithersburg, Inc.Court of Appeals of Maryland · 1970
- First National Bank v. JaggersCourt of Appeals of Maryland · 1869
- Belcher v. Government Employees InsuranceCourt of Appeals of Maryland · 1978
27 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Consolidated Construction Services, Inc. v. SimpsonCourt of Appeals of Maryland · 2002
- Hoffman Chevrolet, Inc. v. Washington County National Savings BankCourt of Appeals of Maryland · 1983
- Mayor and City Council of Baltimore v. Utica Mutual Ins. Co.Court of Special Appeals of Maryland · 2002
- Bragunier Masonry Contractors, Inc. v. Catholic University of AmericaCourt of Appeals of Maryland · 2002
- Olen v. PhelpsCourt of Appeals of Wisconsin · 1996
32 more not listed; retrieve them via the Exa API.