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MOGUL ENTERPRISES, INC. v. COMMERCIAL CREDIT

No. 11841.

585 P.2d 1096 (1978)

92 N.M. 215

MOGUL ENTERPRISES, INC., Plaintiff-in-Intervention-Appellant, v. COMMERCIAL CREDIT BUSINESS LOANS, INC., Defendant-in-Intervention-Appellee.

Supreme Court of New Mexico.

October 27, 1978.

Attorney(s) appearing for the Case

Bruce E. Pasternack, Albuquerque, for appellant.

Keleher & McLeod, Russell Moore, Margo J. McCormick, Albuquerque, for appellee.

OPINION

McMANUS, Chief Justice.

Commercial Credit Business Loans, Inc. (Commercial Credit) filed a complaint seeking replevin against A-1 Industries, Inc. (A-1). The complaint alleged that A-1 and Jerry Powers, president of A-1, entered into two contracts with Commercial Credit secured by A-1's inventory and accounts receivable. Mogul Enterprises, Inc. (Mogul) filed a motion to intervene alleging that Mogul had a prior interest in the same property. Commercial...

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