Quimbee logo
DMCA.com Protection Status

Brodie Hotel Supply, Inc. v. United States

431 F.2d 1316 (1970)

Case BriefRelatedOptions
From our private database of 28,500+ case briefs...

Brodie Hotel Supply, Inc. v. United States

United States Court of Appeals for the Ninth Circuit

431 F.2d 1316 (1970)

Facts

Brodie Hotel Supply, Inc. (Brodie) (plaintiff) sold restaurant equipment to Standard Management Company, Inc. (Standard) in 1959 to use in an Alaska restaurant. When Standard went bankrupt, Brodie repossessed the equipment but left it in the restaurant. James Lyon began operating the restaurant on June 1, 1964, and Brodie allowed Lyon to use the equipment. Brodie and Lyon negotiated the terms of the sale of the equipment for several months. Before the sale was finalized, Lyon borrowed $17,000 from the National Bank of Alaska on November 2, 1964 and pledged the restaurant equipment as collateral for the loan. The National Bank of Alaska assigned its interest to the Small Business Administration (SBA) (defendant). On November 4, 1964, the National Bank of Alaska filed a financing statement noting this interest. On November 12, 1964, Brodie issued a bill of sale for the equipment to Lyon. Brodie and Lyon entered into a security agreement (a chattel mortgage, specifically) for the purchase price of the equipment, with the equipment as collateral. Brodie filed a financing statement documenting this on November 23, 1964. Subsequently, Brodie filed this lawsuit against SBA, who is represented by the United States government, to determine which security interest has priority. The district court held that Brodie’s interest was superior, because it was a purchase-money security interest (PMSI). The United States appealed to the United States Court of Appeals for the Ninth Circuit.

Rule of Law

Issue

Holding and Reasoning (Hamley, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 545,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 545,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 28,500 briefs, keyed to 983 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 545,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 28,500 briefs - keyed to 983 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership