Compass Bank v. Kone
Colorado Court of Appeals
1Opinion of the Court
Opinion by
Judge LOEB.
In this interpleader action, defendant Compass Bank appeals an order granting summary judgment to defendant Noelle Kone and ordering that Kone is entitled to interpleaded funds deposited with the clerk of the district court by plaintiff, Zions Credit Corporation. We affirm.
In 2000, Blake Street Steel, Inc. executed and delivered to Zions a promissory note and security agreement, by which Blake Street pledged to Zions a security interest in certain equipment owned by the company.
In June 2001, Kone entered into a Stock Redemption Agreement (SRA) with Blake Street and two…
2Cases cited14 opinions
- Hendrick v. LindsaySupreme Court of the United States · 1876
- In the Matter of Numeric Corp., Bankrupt. Appeal of Russell E. BlankCourt of Appeals for the First Circuit · 1973
- West Elk Ranch, L.L.C. v. United StatesSupreme Court of Colorado · 2002
- Biel v. AlcottColorado Court of Appeals · 1993
- Pontchartrain State Bank, a Louisiana State Bank v. Ed Poulson, Individually and Poulson Dozer & Blade, Inc., an Oklahoma CorporationCourt of Appeals for the Tenth Circuit · 1982
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