Legal Opinion
D.M. Rothman & Co. v. Korea Commercial Bank
Court of Appeals for the Second Circuit
Decided June 6, 2005No. Nos. 03-7247(L), 03-7325(XAP)PublishedCited by 2 opinions
1Opinion of the Court
JOHN M. WALKER, JR., Chief Judge.
This ease presents the final installment in a trilogy of recent appeals involving the Perishable Agricultural Commodities Act (“PACA”), 7 U.S.C. § 499a, et seq., a statutory regime that gives growers and sellers of perishable produce priority interests in the assets of the brokers and dealers who purchase their goods on credit by imposing a statutory trust on the perishable goods and their proceeds. See E. Armata, Inc. v. Korea Commercial Bank, 367 F.3d 123 (2d Cir.2004); Am. Banana Co. v. Republic Nat’l Bank, 362 F.3d 33 (2d Cir.2004). Plaintiffs, sellers of…
2Cases cited8 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
- Meckel v. Continental Resources Co.Court of Appeals for the Second Circuit · 1985
- Endico Potatoes, Inc. v. CIT Group/Factoring, Inc.Court of Appeals for the Second Circuit · 1995
- Albee Tomato, Inc. v. A.B. Shalom Produce Corp.Court of Appeals for the Second Circuit · 1998
- American Banana Co., Inc. v. Republic National Bank Of New YorkCourt of Appeals for the Second Circuit · 2004
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3Cited by2 opinions
- D.M. Rothman & Co., Inc. v. Korea Commercial Bank Of New YorkCourt of Appeals for the Second Circuit · 2005
- CF Fresh, LLC v. Carioto Produce, Inc.District Court, N.D. New York · 2021