American National Bank v. Cloud
California Court of Appeal
[Opinion certified for partial publication.*]
1Opinion of the Court
Opinion
FRANSON, P. J.
The Case
Appellants Ronald Cloud, Jasmine Cloud, Steve Volpe, Gloria Volpe, Madera Raisin Company, and Madera Raisin Packing Company (all referred to herein as appellants or MRC) appeal from a money judgment rendered against them in an action for conversion of crop proceeds. Because of a fraud perpetrated by the debtor-farmer, MRC mistakenly paid crop proceeds to a third party in derogation of American National Bank’s (ANB) security interest in the proceeds. The major issues on appeal are whether appellants were buyers in the ordinary course of business under California…
2Cases cited6 opinions
- Western Decor & Furnishings Industries, Inc. v. Bank of AmericaCalifornia Court of Appeal · 1979
- Producers Cotton Oil Co. v. Amstar Corp.California Court of Appeal · 1988
- Tanbro Fabrics Corp. v. Deering Milliken, Inc.New York Court of Appeals · 1976
- Al Maroone Ford, Inc. v. Manheim Auto Auction, Inc.Superior Court of Pennsylvania · 1965
- Sindone v. FarberNew York Supreme Court · 1980
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Central Washington Bank v. Mendelson-Zeller, Inc.Washington Supreme Court · 1989
- Ross v. KishCalifornia Court of Appeal · 2006
- Borg-Warner Acceptance Corp. v. Littleton (In Re Littleton)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1989
- First State Bank v. ClarkSupreme Court of Iowa · 2001
- TRANSAMERICA COM. FINANCE v. Union BankSupreme Court of Alabama · 1991
3 more not listed; retrieve them via the Exa API.