[Download] "Silver Sage Partners, Ltd. v. City of Desert Hot Springs" by Ninth Circuit U.S. Court of Appeals * Book PDF Kindle ePub Free
eBook details
- Title: Silver Sage Partners, Ltd. v. City of Desert Hot Springs
- Author : Ninth Circuit U.S. Court of Appeals
- Release Date : January 01, 2001
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 86 KB
Description
This case concerns the Perishable Agricultural Commodities Act (PACA), 7 U.S.C. §Â§ 499a-499t (2000). Appellants are growers of fresh fruits and vegetables. From April 1996 to April 1997, appellant growers sold perishable goods to Certified Organics on credit. Certified was in the business of purchasing fresh agricultural produce from growers for resale. Certified resold the produce and invoiced its customers, creating accounts receivable. Certified then sold its accounts receivable to Transportation Factoring, Inc. (Transfac) pursuant to a factoring agreement. Under that agreement, Transfac purchased the accounts from Certified for 80% of their face value.
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