(DOWNLOAD) "Belmont International Inc. v. American International Shoe Co." by United States Court of Appeals for the Ninth Circuit # Book PDF Kindle ePub Free

eBook details

Title: Belmont International Inc. v. American International Shoe Co.
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 03, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 67 KB

Description

Order The Oregon Supreme Court has answered the certified questions we posed to it. Belmont Int'l v. American Int'l Shoe, 313 Ore. 112, 831 P.2d 15 (Or. 1992). The court held that Belmont can make out a claim for money had and received provided it ""shows that Bank had no security interest"" in the disputed funds. Id. at 22. A security interest will not arise in funds that Belmont can show were deposited after the Bank had ""actual knowledge of the consignment relationship."" Id. at 19. Accordingly, we reverse the district court's dismissal of plaintiff's complaint and remand this case for further proceedings consistent with the Oregon Supreme Court's opinion.