Legal Opinion
Third National Bank in Nashville v. Highlands Insurance Co.
Tennessee Supreme Court
Decided August 25, 1980PublishedCited by 10 opinions
1Opinion of the Court
OPINION
COOPER, Justice.
This is an action to determine the priority of claims against the proceeds of a judgment secured by a contractor against the owner of an improvement built by the contractor. The claimants are (1) the surety of the contractor that advanced monies to pay material and labor claims, who has an assignment from the contractor of the proceeds of the judgment as security for payment of the monies advanced, and (2) a bank holding a security interest in the contractor’s inventory, accounts receivable and contract rights.
Par-Lac Corporation, a construction company, contracted to…
2Cases cited15 opinions
- Prairie State Bank v. United StatesSupreme Court of the United States · 1896
- Henningsen v. United States Fidelity & Guaranty Co. of BaltimoreSupreme Court of the United States · 1908
- The National Shawmut Bank of Boston v. New Amsterdam Casualty Co., Inc.Court of Appeals for the First Circuit · 1969
- Farmers' Bank v. HayesCourt of Appeals for the Sixth Circuit · 1932
- Canter v. SchlagerMassachusetts Supreme Judicial Court · 1971
10 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Interfirst Bank Dallas, N.A. v. United States Fidelity & Guaranty Co., Texas Court of Appeals, 5th District (Dallas)1989
- Transamerica Ins. Co. v. Barnett Bank of Marion County, NASupreme Court of Florida · 1989
- In Re H & S Transportation Company, Inc.Court of Appeals for the Sixth Circuit · 1991
- Acuity v. McGhee Engineering, Inc.Court of Appeals of Tennessee · 2008
- Marshall v. Employers Health InsuranceDistrict Court, M.D. Tennessee · 1996
5 more not listed; retrieve them via the Exa API.