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AIR COMPRESSORS, INC. v. BIG CHIEF CONST. CO.

No. 12324.

367 So.2d 413 (1978)

AIR COMPRESSORS, INC. v. BIG CHIEF CONSTRUCTION COMPANY, INC.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied February 12, 1979.

Attorney(s) appearing for the Case

Henry F. Mestayer, New Orleans, for plaintiff-appellee Air Compressors, Inc.

Thomas G. Donelon, Metairie, for intervenor-appellant.

Before LANDRY, COVINGTON and PONDER, JJ.

PONDER, Judge.

Intervenor, Jefferson Bank and Trust Company, appealed from the judgment giving priority to plaintiff's claim over that of intervenor.

The issue is the validity of an alleged assignment of an account receivable by Big Chief Construction Company to intervenor. We affirm.

Big Chief had been borrowing from intervenor by assigning individual invoices and receiving an advance of 80% of the amount of that invoice. On October 4, 1974, the bank...

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