Opinion
May 24, 1972.
Upon appeal from the Superior Court.
John J. Schmittinger, of Schmittinger Rodriguez, Dover, for plaintiff below, appellant.
N. Maxson Terry, Jr., of Terry Terry, Dover, for intervenor, appellee.
CAREY and HERRMANN, Justices, and MARVEL, Vice-Chancellor, sitting.
This appellant, Bramble Transportation, Inc. (Bramble), plaintiff below, asks us to reverse a judgment of the Superior Court in favor of Sam Senter Sales, Inc. (Sales) and Walter E. Heller and Company of Florida (Heller), defendant and intervenor below. The opinion of the Superior Court is reported in Del.Super., 294 A.2d 97.
The facts are fully stated in the lower Court's opinion and need not be repeated here. We concur with the rulings made by the learned Judge below. We agree that the requirements of the Uniform Commercial Code § 9-402 were met by Heller's filing in Florida, and that Heller, through the series of assignments, held a perfected security interest in the Draper account as of the date of those assignments, which was prior to the attempted attachment by Bramble.
Appellant's argument that the attachment should remain effective notwithstanding Heller's perfected security interest has no merit. Sales' entire interest was assigned to Heller, so that Sales had no legal interest to be attached.
Affirmed.