C & J Leasing II Ltd. Partnership v. Swanson

NEUMAN, Justice.

This replevin action involves the competing interests of two innocent parties who have been equally harmed by the dishonesty of a farm implement dealer. The question is whether pertinent provisions of the Uniform Commercial Code are meant to favor the buyer of goods in the ordinary course of business or a financier holding a prior security interest in those same goods. The district court ruled in favor of the secured creditor and that determination was upheld by the court of appeals. We granted the buyer’s petition for further review and now vacate the court of appeals…