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CITIZENS AND SOUTHERN FACTORS, INC. v. SMALL BUSINESS ADMINISTRATION

No. 77-1628.

609 F.2d 239 (1980)

CITIZENS AND SOUTHERN FACTORS, INC., Plaintiff-Appellant, v. SMALL BUSINESS ADMINISTRATION, an agency of the United States, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

January 4, 1980.

Attorney(s) appearing for the Case

Daniel H. Neely, James W. Culbreth, Atlanta, Ga., for plaintiff-appellant.

William E. Turnipseed, Oliver B. Dickins, Jr., Asst. U. S. Attys., Atlanta, Ga., for defendants-appellees.

Before COLEMAN, Chief Judge, BROWN and TJOFLAT, Circuit Judges.

PER CURIAM:

The result in this case rests on the answers to two questions which we certified to the Supreme Court of Alabama.1 On September 7, 1979, the Supreme Court of Alabama answered the certified questions. Ala., 1979, 375 So.2d 251. The Court ruled: (1) that the conveyance of title to returned goods to an accounts receivable purchaser results simply in the retention of a security interest in favor...

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