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(DOWNLOAD) "Borg-Warner Acceptance Corporation v. C.I.T. Corporation" by Seventh District, Amarillo Court of Appeals of Texas * eBook PDF Kindle ePub Free

Borg-Warner Acceptance Corporation v. C.I.T. Corporation

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eBook details

  • Title: Borg-Warner Acceptance Corporation v. C.I.T. Corporation
  • Author : Seventh District, Amarillo Court of Appeals of Texas
  • Release Date : January 21, 1984
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 73 KB

Description

Borg-Warner Acceptance Corporation, the inventory financer, appeals from a summary judgment decreeing that C.I.T. Corporation, the retail financer, has a superior security interest in two International Harvester tractors originally acquired for sale by Lubbock Implement Company, Inc., the dealer. The judgment was rendered upon the motion of C.I.T., who instituted this cause of action for a declaratory judgment after Lubbock Implement filed for bankruptcy reorganization and the tractors were thereafter repossessed by Borg-Warner and sold with the consent of all parties to the cause. Concluding that the fact issues which exist are immaterial to the properly rendered summary judgment, we affirm.


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