Donnybrook Building Supply Co. v. Alaska National Bank of the North

OPINION

MOORE, Justice.

This case involves a dispute between a construction lender and a material supplier under Alaska’s stop-payment notice statute, AS 34.35.062, as it read in 1985. 1

Donnybrook Building Supply, Inc., (Donnybrook) provided $46,000 worth of building supplies on credit to a contractor for two houses financed by Alaska National Bank of the North (ANB). Donnybrook, asserting that it had not been paid by the recently-bankrupt contractor, sued ANB to recover the $46,000 under the stop-payment notice statute and other theories.

The trial court granted partial summary judgment on…