Produce Factors Corp. v. United States

Plaintiff, Produce Factors Corporation, an assignee of proceeds payable under Government contracts, filed this suit against the United States claiming damages totalling $74,-149.57 for an alleged breach of contract. The case is before the court on defendant’s motion for summary judgment and plaintiff’s cross-motion for summary judgment limited to the issue of liability. We have concluded that plaintiff is not entitled to any recovery.

The material facts are not in dispute. Plaintiff is a factor; it is in the business of lending money to businessmen on the security of assignments of the…