CROCKER COMMERCIAL SERVS., INC. v. DAVAN ENTERS., INC.


88 A.D.2d 877 (1982)

Crocker Commercial Services, Inc., Appellant, v. Davan Enterprises, Inc., et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

June 24, 1982


The plaintiff is a factor and entered into an arrangement with the defendant, Davan, whereby it made cash advances to the defendant and received an assignment of accounts receivable. The defendant was to notify its customers that payments were to be made directly to the plaintiff upon those receivables. The plaintiff perfected a security interest in accordance with article 9 of the Uniform Commercial Code. It is apparent that the factoring agreement was breached by the defendant...

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