Congress Credit Corporation v. Ajc International, Inc.

LEVIN H. CAMPBELL, Senior Circuit Judge.

Congress Credit Corporation (“Congress Credit”) appeals from the district court’s dismissal without prejudice of its diversity action to collect certain proceeds in the hands of the appehees, AJC International, Inc. (“AJC”) and Fronex Commodities, Inc. (“Fronex”) under a perfected factor’s hen. The hen was ahegedly granted to Congress Credit by United Western of Puerto Rico, Inc. (“United Western”), which later filed for bankruptcy. The district court has dismissed the hen action without prejudice, apparently believing that Congress Credit should not…