Legal Opinion
Martin Marietta Corp. v. New Jersey National Bank
Court of Appeals for the Third Circuit
Decided December 28, 1979No. 79-1447PublishedCited by 7 opinions
1Opinion of the Court
OPINION OF THE COURT
SEITZ, Chief Judge.
This is a diversity case involving New Jersey law in which the plaintiff, Martin Marietta Corp., appeals from a final judgment for the defendant, New Jersey National Bank. After trial without a jury, the district court held that the defendant’s security interest in certain sand held as inventory takes precedence over the rights of the plaintiff because the plaintiff does not qualify as a buyer in ordinary course under the Uniform Commercial Code (UCC).1
I. Factual Background
Hollander Sand Associates (Hollander)2 is involved in the excavation and sale of…
2Cases cited8 opinions
- Independent News Co., Inc., National Comics Publications, Inc., Superman, Inc. v. Harry WilliamsCourt of Appeals for the Third Circuit · 1961
- Ray v. City Bank & Trust Co. of Natchez, MississippiDistrict Court, S.D. Ohio · 1973
- Sherrock v. Commercial Credit CorporationSupreme Court of Delaware · 1972
- Cunningham v. Camelot Motors, Inc.New Jersey Superior Court Appellate Division · 1975
- Morey MacHinery Co., Inc. v. Great Western Industrial MacHinery CompanyCourt of Appeals for the Fifth Circuit · 1975
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Apex Oil Company v. The Belcher Company of New York, Inc. And Belcher New Jersey, Inc.Court of Appeals for the Second Circuit · 1988
- General Electric Credit Corp. v. Gayl (In Re Darling's Homes, Inc.)United States Bankruptcy Court, D. Delaware · 1985
- Great Western Sugar Co. v. Pennant Products, Inc.Colorado Court of Appeals · 1987
- Martin Marietta Corp. v. New Jersey National BankDistrict Court, D. New Jersey · 1981
- Foy v. First National Bank of ElkhartDistrict Court, N.D. Indiana · 1988
2 more not listed; retrieve them via the Exa API.