Legal Opinion
Crocker National Bank v. Ideco Division of Dresser Industries, Inc.
District Court, S.D. Texas
Decided April 29, 1987No. Civ. A. H-83-2988PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM
HUGHES, District Judge.
TOS Industries, Inc., agreed to buy six drilling rigs from the Ideco Division of Dresser Industries, Inc. Before the six rigs were delivered, TOS told Ideco that it would be unable to pay for them, and Ideco kept the rigs. Crocker National Bank had a security interest in all after-acquired inventory of TOS.
Crocker and TOS contend that (1) TOS acquired title to the drilling rigs when Ideco sent TOS invoices of the sale, and that (2) Crocker’s security interest attached to the drilling rigs. Ideco contends that (1) the title to the drilling rigs did not pass…
2Cases cited10 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
- Moises Galindo v. Precision American Corp., Georgia Pacific CorporationCourt of Appeals for the Fifth Circuit · 1985
- Trevino v. Celanese Corp.Court of Appeals for the Fifth Circuit · 1983
- Union Planters National Leasing, Inc. v. Roderick D. WoodsCourt of Appeals for the Fifth Circuit · 1982
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Production Credit Ass'n of the Midlands v. Farm & Town Industries, Inc.Supreme Court of Iowa · 1994
- Cockrell v. Citizens National Bank of DentonCourt of Appeals of Texas · 1990