K-MART CORP. v. FIRST PENNSYLVANIA BANK


16 Pa. D. & C. 3d 509 (1980)

K-Mart Corporation v. First Pennsylvania Bank

Common Pleas Court of Philadelphia County, Pennsylvania.

June 18, 1980.


Attorney(s) appearing for the Case

Richard Unger, for plaintiff.

Miles Shore, for defendant.


GAFNI, J., June 18, 1980.

In this action plaintiff K-Mart Corporation (K-Mart), is seeking to recover moneys held by defendant First Pennsylvania Bank (bank) as assignee of Penn State Mills (PSM), a bankrupt supplier of K-Mart.

The facts underlying this litigation, undisputed by the parties, are as follows. From time to time, K-Mart purchased merchandise from PSM for resale in K-Mart's stores. PSM would deliver the goods to individual K-Mart stores...

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