Legal Opinion

Platte Valley Bank v. Tetra Financial Group, LLC

Court of Appeals for the Eighth Circuit

Decided June 26, 2012No. 11-1445PublishedCited by 15 opinions

1Opinion of the Court

RILEY, Chief Judge.

Platte Valley Bank (PVB), a Nebraska banking corporation, claimed a perfected security interest in certain equipment owned by Heggem Construction, Inc. (Heggem), a Wyoming corporation with its principal place of business in Scotts Bluff County, Nebraska. In late 2008, Heggem sold the equipment in a sale and leaseback transaction to Tetra Financial Group, LLC (Tetra), a Utah limited liability company whose members are all domiciliaries of Utah. Tetra later transferred the equipment to Republic Bank, Inc. (Republic, and with Tetra, appellees), a Utah corporation. PVB sued…

2Cases cited15 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  3. Chambers v. PennycookCourt of Appeals for the Eighth Circuit · 2011
  4. Tina BARRON, Plaintiff-Appellant, v. FORD MOTOR COMPANY OF CANADA LIMITED, Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1992
  5. Kimberly Phillips v. The Marist Society of Washington ProvinceCourt of Appeals for the Eighth Circuit · 1996

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3Cited by15 opinions

  1. Jeremy Heuton v. Ford Motor CompanyCourt of Appeals for the Eighth Circuit · 2019
  2. Qwest Communications Corp. v. Free Conferencing Corp.Court of Appeals for the Eighth Circuit · 2016
  3. Northern Bottling Co., Inc. v. PepsiCo, Inc.Court of Appeals for the Eighth Circuit · 2021
  4. Official Committee of Unsecured Creditors ex rel. estates of the Debtors v. UMB Bank, N.A.United States Bankruptcy Court, S.D. New York · 2013
  5. Oakdale Mall Associates v. Cincinnati Insurance CompanyCourt of Appeals for the Eighth Circuit · 2013

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