C. Bud Racicky Agency, Inc. v. Wood Gundy, Inc.

MACY, Justice.

Appellant C. Bud Racicky Agency, Inc., as the holder of a prior and superior security interest in certain collateral, appeals a judgment in favor of appellee Wood Gundy, Inc., a junior secured creditor, in an action involving allocation of the proceeds from the repossession and sale of the collateral. Appellant contests the district court’s grant of judgment to appellee for $6,364.02, representing certain interest charges and attorney's fees disallowed to appellant as not being expenses reasonably incurred in the disposition of the collateral.

We affirm in part, reverse in part,…