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DAVIS FORESTRY PRODUCTS v. DOWNEAST POWER

Docket: Was-09-483.

12 A.3d 1180 (2011)

2011 ME 10

DAVIS FORESTRY PRODUCTS, INC. v. DOWNEAST POWER COMPANY, LLC.

Supreme Judicial Court of Maine.

Decided: January 11, 2011.

Attorney(s) appearing for the Case

Mark E. Porada, Esq. , Eric J. Wycoff, Esq. (orally), Pierce Atwood LLP, Portland, ME, for DownEast Power Company, LLC.

John P. Giffune, Esq. (orally), Gayle H. Allen, Esq. , Verrill Dana LLP, Portland, ME, for Davis Forestry Products, Inc.

Panel: SAUFLEY, C.J., and ALEXANDER, LEVY, SILVER, MEAD, GORMAN, and JABAR, JJ.

JABAR, J.

[¶ 1] This case presents questions concerning the treatment of deposit accounts under Article 9-A of Maine's Uniform Commercial Code, 11 M.R.S. §§ 9-1101 to 9-1709 (2009).1 The deposit account at issue, held at The First, N.A., is subject to conflicting claims of priority by party-in-interest DownEast Power Company, LLC and Davis Forestry Products, Inc. Asked to determine...

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