Legal Opinion
Joint Holdings & Trading Co. v. First Union National Bank of North Carolina
California Court of Appeal
Decided July 28, 1975No. Civ. 44942PublishedCited by 4 opinions
1Opinion of the Court
Opinion
FLEMING, Acting P. J.
Joint Holdings & Trading Company, Ltd. (plaintiff) and First Union National Bank of North Carolina (Bank) dispute the priority of their competing creditor liens against 42,888 pairs of trousers. Plaintiff asserts priority by virtue of writs of attachment issued in its pending lawsuit against Peter J. Brennan, Inc., and Peter J. Brennan, Inc. of American Samoa; Bank asserts priority for its security interest based on its financing agreements with the Brennan corporations. Bank appeals the judgment which declared its claim to the trousers invalid and its lien…
2Cases cited3 opinions
- Palma v. LeslieCalifornia Court of Appeal · 1935
- Palomar Mortgage Co. v. ListerCalifornia Court of Appeal · 1963
- Imperial Metal Finishing Co. v. Luminous Ceilings West, Inc.California Court of Appeal · 1969
3Cited by4 opinions
- Interpool Limited v. Char Yigh Marine (Panama) S.A.Court of Appeals for the Ninth Circuit · 1989
- Chischilly v. General Motors Acceptance Corp.New Mexico Court of Appeals · 1980
- Chischilly v. General Motors Acceptance Corp.New Mexico Court of Appeals · 1980
- Quintana v. American International Industries CA2/3California Court of Appeal · 2016