Ta Chong Bank Ltd. v. Hitachi High Technologies America, Inc.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
MILLS, District Judge:
Ta Chong Bank (“the Bank”) filed a complaint wherein it asserted several claims against Hitachi High Technologies America, Inc. (“Hitachi”). Those claims were based on the Bank’s interest in the accounts receivable of a third party, CyberHome Entertainment, Inc. (“Cyber-Home”), pursuant to certain factoring agreements entered into by those entities. Although the factoring agreements provided that Hitachi was to pay the Bank, Hitachi made payment directly to CyberHome, several months before CyberHome filed for Chapter 7 bankruptcy.
The district court dismissed the…
2Cases cited5 opinions
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- Movsesian v. Victoria Versicherung AGCourt of Appeals for the Ninth Circuit · 2009
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