YAMAHA CORP. v. TRI-CITY MOTORS

Docket No. 97913.

171 Mich. App. 260 (1988)

429 N.W.2d 871

YAMAHA MOTOR CORPORATION, USA v. TRI-CITY MOTORS AND SPORTS, INC

Michigan Court of Appeals.

Decided September 7, 1988.


Attorney(s) appearing for the Case

Gerald Mason, for plaintiff.

Barstow, Selsor, Hoffman & Groulx, P.C. (by L. Grant Selsor), for First National Bank & Trust of Menominee.

Before: MAHER, P.J., and McDONALD and R.C. LIVO, JJ.


MAHER, P.J.

This appeal as of right by plaintiff, Yamaha Motor Corporation, U.S.A., arises from a dispute over the competing security interests of Yamaha and defendant First National Bank and Trust of Menominee in the proceeds from certain motorcycles sold to defendant Tri-City Motors and Sports, Inc. The Menominee Circuit Court ruled in favor of First National, holding that Yamaha was estopped from asserting priority over the bank's security interest. Accordingly...

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