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Home / Opinion Digests / Commercial – Contract – Perfected PMSI – Crane – Superior Lien – Mobile Good (access required)

Commercial – Contract – Perfected PMSI – Crane – Superior Lien – Mobile Good (access required)

Where buyer purchased a crane from seller for $1,120,000, $134,400 of which was paid for directly with the remainder financed by the plaintiff, and where the defendant bank, who possessed exclusive access to the parts necessary to ensure consummation of the plaintiff's resale transactions, required plaintiff to place $200,000 in escrow before repossession, the plaintiff ...