Legal Opinion

Parkersburg State Bank, an Iowa Corporation v. Swift Independent Packing Company, a Delaware Corporation

Court of Appeals for the Eighth Circuit

Decided June 11, 1985No. 84-2275PublishedCited by 5 opinions

1Opinion of the Court

LAY, Chief Judge.

Parkersburg State Bank appeals from the district court’s grant of summary judgment for Swift Independent Packing Company in an action for damages for conversion of cattle sold to Swift by Dennis Schuck, an Iowa farmer. The Bank asserts the cattle were subject to a perfected security interest. The Bank contends that even though there was a course of dealing between the Bank and the debtor, Schuck, which authorized Schuck to sell his farm products for cash and to deposit the proceedings in his checking account with the Bank, the sales to Swift were not within that course of…

2Cases cited5 opinions

  1. Lisbon Bank and Trust Company v. MurraySupreme Court of Iowa · 1973
  2. Hedrick Savings Bank v. MyersSupreme Court of Iowa · 1975
  3. Ottumwa Production Credit Ass'n v. Keoco Auction Co.Supreme Court of Iowa · 1984
  4. Larsen v. WarringtonCourt of Appeals of Iowa · 1984
  5. Ottumwa Production Credit Ass'n v. Heinhold Hog Market, Inc.Court of Appeals of Iowa · 1983

3Cited by5 opinions

  1. Producers Cotton Oil Co. v. Amstar Corp.California Court of Appeal · 1988
  2. ITT Commercial Finance Corp. v. Cullen (In Re Antinarelli Enterprises, Inc.)United States Bankruptcy Court, D. Massachusetts · 1988
  3. Aberdeen Production Credit Ass'n v. Redfield Livestock Auction, Inc.South Dakota Supreme Court · 1985
  4. Aberdeen Production Credit Ass'n v. Redfield Livestock Auction, Inc.South Dakota Supreme Court · 1985
  5. Adair County Farm Service v. Creston Feed & Grain, Inc.Court of Appeals of Iowa · 1986

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