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UNI IMPORTS, INC. v. APARACOR, INC.

No. 91-1876.

978 F.2d 984 (1992)

UNI IMPORTS, INCORPORATED, doing business as UNI, Incorporated, Plaintiff-Appellee, v. APARACOR, INCORPORATED, Defendant, and Exchange National Bank of Chicago, also known as LaSalle National Bank, Appellant.

United States Court of Appeals, Seventh Circuit.

Decided November 2, 1992.

Attorney(s) appearing for the Case

David E. Reynolds (argued), Lewis, D'Amato, Brisbois & Bisgaard, Los Angeles, Cal., for plaintiff-appellee.

Eric S. Rein (argued), Schwartz, Cooper, Kolb & Gaynor, Chicago, Ill., for defendant and appellant.

Before CUMMINGS and RIPPLE, Circuit Judges, and CRABB, Chief District Judge.

CRABB, Chief District Judge.

This appeal raises an issue best described as one of those "delicious academic morsels so dear to the hearts and minds of commercial law teachers," 2 James J. White & Robert S. Summers, Uniform Commercial Code, § 26-1, 491 (Practitioner's ed. 1988). The actual circumstances in which it arises occur very seldom; similar cases are "as scarce as hen's teeth." Id. at 493. The case arises out of supplementary proceedings...

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