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· 10/25/1991

Bank of Los Angeles v. Official PACA Creditors' Committee (In Re Southland + Keystone)

Citations

  • 132 B.R. 632
  • 91 Cal. Daily Op. Serv. 8936
  • 91 Daily Journal DAR 13844
  • 1991 Bankr. LEXIS 1571
  • 22 Bankr. Ct. Dec. (CRR) 473
  • 1991 WL 229784

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • allowing a bank that collected a PACA trustee’s accounts receivable and was ordered to disgorge the proceeds to the produce seller to retain a portion of the trust funds to pay collection costs
  • PACA “was established by Congress to protect sellers and suppliers of perishable agricultural commodities until full payment of sums due have been reeeived”

Source: CourtListener parenthetical corpus (CC0).

Judges: Jones, Volinn, Ollason

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.