Insley Manufacturing Corp. v. Draper Bank & Trust
Utah Supreme Court
1Opinion of the Court
HALL, Chief Justice:
Insley Manufacturing Corp. (“Insley”) sued Draper Bank & Trust (“Draper”) for conversion of secured collateral. About a year later, both parties moved for summary judgment. The trial court ruled in favor of Insley. On appeal, Draper seeks reversal of the lower court order and judgment entered in favor of its summary judgment motion or, alternatively, that the case be remanded for trial. We affirm. . •
I
Insley sold to Schneider Machinery Sales (“Schneider”) an H 1500-C backhoe. Ins-ley financed the transaction and received a security interest in the equipment and its…
2Cases cited19 opinions
- Citizens National Bank v. Mid-States Development Co.Indiana Court of Appeals · 1978
- C. O. Funk & Sons, Inc. v. Sullivan Equipment, Inc.Illinois Supreme Court · 1982
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- Commercial Discount Corp. v. Milwaukee Western BankWisconsin Supreme Court · 1974
- United States v. Handy and Harman, a New York CorporationCourt of Appeals for the Ninth Circuit · 1984
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- Topik v. ThurberUtah Supreme Court · 1987
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