Legal Opinion
First National Bank of Blooming Prairie v. Olsen
Court of Appeals of Minnesota
Decided April 7, 1987No. C4-86-1309PublishedCited by 14 opinions
1Opinion of the Court
OPINION
LANSING, Judge.
The First National Bank of Blooming Prairie, a secured creditor of Christy Olsen, brought a replevin action to obtain possession of cattle on Olsen’s feedlot when Olsen was unable to pay his debt. The investor-owners claim an interest superior to the bank's and prevailed in the trial court. We affirm the priority of the investor-owners’ interest, although on different grounds, and we also affirm the court’s division of cattle between the investor-owners.
FACTS
Since 1950, Christy Olsen has owned and operated a feedlot for which the First National Bank of Blooming Prairie…
2Cases cited9 opinions
- GBS Meat Industry Pty. Ltd. v. Kress-Dobkin Co.District Court, W.D. Pennsylvania · 1979
- Vonins, Inc. v. RaffNew Jersey Superior Court Appellate Division · 1968
- In Re Gross Mfg. & Importing Co.District Court, D. New Jersey · 1971
- Columbia International Corp. v. KemplerWisconsin Supreme Court · 1970
- Walter E. Heller & Company Southeast, a Georgia Corporation v. Riviana Foods, Inc., a Delaware CorporationCourt of Appeals for the Fifth Circuit · 1981
4 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Multibank National of Western Massachusetts, N.A. v. State Street Auto Sales, Inc. (In Re State Street Auto Sales, Inc.)United States Bankruptcy Court, D. Massachusetts · 1988
- Robbins v. Comerica Bank-Detroit (In Re Zwagerman)United States Bankruptcy Court, W.D. Michigan · 1990
- Fariba v. Dealer Services Corp.California Court of Appeal · 2009
- Belmont International, Inc. v. American International Shoe Co.Oregon Supreme Court · 1992
- In Re Key Book Service, Inc.United States Bankruptcy Court, D. Connecticut · 1989
9 more not listed; retrieve them via the Exa API.