Preferred Display, Inc. v. CVS Pharmacy, Inc.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION & ORDER
KATHERINE B. FORREST, District Judge.
A national drug store chain mistakenly ordered a large amount of merchandise *506from a cosmetics company. When the cosmetics company later defaulted on its bank loan, its lender foreclosed and purchased all of its assets at a peaceful and appropriate sale under the Uniform Commercial Code (“UCC”). The lender then sold those assets to a different cosmetics company; and the drug store chain in possession of the merchandise sent it to that second company and obtained a credit.
Complicating this tale is that the first cosmetics company…
2Cases cited11 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Hicks v. BainesCourt of Appeals for the Second Circuit · 2010
- Wright v. GoordCourt of Appeals for the Second Circuit · 2009
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3Cited by1 opinion
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