Belmont International, Inc. v. American International Shoe Co.

How courts have described this case

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

• holding that if the bank knew of the consignment, it could not have taken a security interest in those goods
• noting that the purpose of the UCC \is to protect the creditors of a consignee from the consignor's hidden liens on the consignment goods\
• agreeing with courts who hold that a creditor's actual knowledge of a consignment relationship is sufficient to remove the consignment from the requirements of the UCC
• creditor's actual knowledge of the consignment before becoming a creditor is sufficient to meet the requirement of the exception

Source: CourtListener parenthetical corpus (CC0).