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NBD v. EAMES & BROWN, INC

Docket No. 55423, (Calendar No. 20).

396 Mich. 611 (1976)

242 N.W.2d 412

NATIONAL BANK OF DETROIT v. EAMES & BROWN, INC

Supreme Court of Michigan.

Decided June 3, 1976.

Attorney(s) appearing for the Case

Katz, Victor & Yolles for plaintiff.

Dykema, Gossett, Spencer, Goodnow & Trigg (by John K. Cannon, Robert L. Nelson, and Michael J. McGuigan) for defendants.

Amicus Curiae: Rolland R. O'Hare, Sheldon M. Meizlish, and Donald J. Prebenda for Carpenters District Council of Detroit, Wayne, Oakland and Macomb Counties and Vicinity, United Brotherhood of Carpenters and Joiners of America, AFL-CIO; Cement Masons' Local 514, Operative Plasterers and Cement Masons International Association of the United States and Canada, AFL-CIO; Laborers' Locals 334 and 1076 of the Laborers' International Union of North America, AFL-CIO; Metropolitan Area Executive Committee of the Bricklayers, Masons and Plasterers International Union of America, AFL-CIO; and the Greater Detroit Building and Construction Trades Council.

KAVANAGH, C.J.

This case concerns a dispute over certain funds owed to Continental Electric Company (Continental) pursuant to a construction contract existing between Continental and Aetna Life & Casualty Company. Plaintiff National Bank of Detroit (NBD) claims full rights to such funds pursuant to a perfected security interest in the accounts receivable of Continental. MCLA 440.9101 et seq.; MSA 19.9101 et seq.

Westinghouse Electric Corporation...

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