Monsanto Co. v. Walter E. Heller & 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 the course of dealings between the parties and Heller's direct involvement with the operation of Ilikon's transactions with its suppliers precluded Heller from claiming priority as a good faith purchaser for value because Heller did not act in good faith
• holder of perfected security interest who acted in bad faith is not good-faith purchaser for value and loses priority over unpaid cash-seller

Source: CourtListener parenthetical corpus (CC0).