Legal Opinion
American Banana Co. v. Republic National Bank of New York, N.A.
Court of Appeals for the Second Circuit
Decided March 11, 2004No. Docket Nos. 02-9442(L), 02-9504(XAP)PublishedCited by 31 opinions
1Opinion of the Court
B.D. PARKER, JR., Circuit Judge.
From 1995 to 1996, Plaintiffs-Appellants (“Sellers”)1 sold fruit and other fresh produce to Third-Party Defendant PMD Brokerage Corp. (“PMD”), which maintained a checking account at Defendant Republic National Bank of New York (predecessor of HSBC Bank, USA, and for our purposes, “HSBC”). Such sales are regulated by the Perishable Agricultural Commodities Act (“PACA”), 7 U.S.C. §§ 499a-499t. At issue in this appeal is a provision of PACA that requires produce dealers, such as PMD, to hold all perishable agricultural commodities they have purchased on short-term…
2Cases cited15 opinions
- Oscar Gruss & Son, Inc., Plaintiff-Counter-Defendant-Appellee-Cross-Appellant v. Yossie Hollander, Defendant-Counter-Claimant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2003
- Jsg Trading Corp. v. Tray-Wrap, Inc.Court of Appeals for the Second Circuit · 1990
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- Idahoan Fresh v. Advantage ProduceCourt of Appeals for the Third Circuit · 1998
- SUNKIST GROWERS, INC., a California Corporation, Plaintiff-Appellant, v. Michael S. FISHER and Meryle Fisher, Defendants-AppelleesCourt of Appeals for the Ninth Circuit · 1997
10 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Coosemans Specialties, Inc. v. GargiuloCourt of Appeals for the Second Circuit · 2007
- Double Green Produce, Inc. v. Forum Supermarket Inc.District Court, E.D. New York · 2019
- Bocchi Americas Associates, Inc. v. Commerce Fresh Marketing, Inc.Court of Appeals for the Fifth Circuit · 2008
- American Banana Co., Inc. v. Republic National Bank Of New YorkCourt of Appeals for the Second Circuit · 2004
- A & J Produce Corp. v. Bronx Overall Economic Development Corp.Court of Appeals for the Second Circuit · 2008
26 more not listed; retrieve them via the Exa API.