Assman v. J.I. Case Credit Corp.

HENDERSON, Justice.

PROCEDURAL HISTORY/ISSUES

Plaintiff-appellee, Joe Assman, doing business as Assman Implement Company (Assman), brought suit to recover monies debited from his dealer’s reserve account by defendant-appellant, J.I. Case Credit Corporation (Case Credit). The circuit court ruled in favor of Assman. Case Credit raises two main issues on appeal.(1) Assman should have been held liable for attorney’s fees expended by Case Credit in repossessing collateral.(2) Assman was not entitled to profits realized upon a subsequent sale of the collateral to third parties.

We reverse and remand.

FA…