IDS Leasing Corp. v. Leasing Associates, Inc.
Court of Appeals of Texas
1Opinion of the Court
DOYLE, Justice.
IDS Leasing Corporation (IDS) brings this appeal from a judgment determining that as between two secured creditors, Leasing Associates, Inc. (Associates) held a superior interest in and to a third party’s trucking equipment and was entitled to the $17,500 proceeds from its sale. The trial court found that the affixing of refrigerator units to truck trailers constituted an accession under Sec. 9.314 of the Texas Uniform Commercial Code (UCC) and that Associates’ security interests was paramount to that of IDS by virtue of Sec. 9.314(c)(1) of the UCC and the Texas Certificate of…
2Cases cited4 opinions
- Associates Discount Corp. v. Rattan Chevrolet, Inc.Texas Supreme Court · 1970
- Texas Hydraulic & Equipment Co. v. Associates Discount Corp.Court of Appeals of Texas · 1967
- Firestone Service Stores, Inc. v. DardenCourt of Appeals of Texas · 1936
- Mills-Morris Automotive v. BaskinTennessee Supreme Court · 1971
3Cited by5 opinions
- Mitchell Coach Manufacturing Co. v. StephensDistrict Court, N.D. Oklahoma · 1998
- Jahn v. M.W. Kellogg Co. (In Re Celeryvale Transport, Inc.)United States Bankruptcy Court, E.D. Tennessee · 1984
- Ledford v. Rikes (In re Fields)United States Bankruptcy Court, S.D. Ohio · 1985
- MacK's Used Cars & Parts, Inc. v. Tennessee Truck & Equipment Co.Court of Appeals of Tennessee · 1985
- C Tek Software, Inc. v. New York State Business Venture Partnership (In Re C Tek Software, Inc.)United States Bankruptcy Court, D. New Hampshire · 1991