United States Eleventh Circuit

Funds held in escrow, as security for a letter of credit, were more properly characterized as a deposit account than as a certificate of deposit, and under the common law of the pledge, a bank's security interest in the fund was perfected.

Appellate Information

• Decided 06/05/2002
• Published 06/05/2002

Judges

• BIRCH, Circuit Judge:, Before BIRCH, HILL and HALL , Circuit Judges.

Court

• United States Eleventh Circuit

Counsel

• For Appellant:
  
• David B. Anderson,Walston, Stabler, Wells, Anderson & Bains, Birmingham, AL, John T. McGarvey, Morgan & Pottinger, P.S.C., Louisville, KY, for Plaintiff-Appellant., Andre M. Toffel, Law Office of Andre M. Toffel, P.C., Birmingham, AL, pro se.