JOINT HOLDINGS & TRADING v. FIRST UNION NAT. BK.

Docket No. 44942.

50 Cal.App.3d 159 (1975)

123 Cal. Rptr. 519

JOINT HOLDINGS & TRADING COMPANY, LTD., Plaintiff and Respondent, v. FIRST UNION NATIONAL BANK OF NORTH CAROLINA, Third Party Claimant and Appellant.

Court of Appeals of California, Second District, Division Two.

July 28, 1975.


Attorney(s) appearing for the Case

COUNSEL

Hill, Farrer & Burrill, William McD. Miller and Charles R. Gustafson for Third Party Claimant and Appellant.

John E. Droeger, Edward V. Pollack, and Hall, Henry, Oliver & McReavy for Plaintiff and Respondent.


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...

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