BancorpSouth Bank v. 51 Concrete, LLC

IN THE COURT OF APPEALS OF TENNESSEE AT JACKSON January 21, 2016 Session BANCORPSOUTH BANK v. 51 CONCRETE, LLC, ET AL. Appeal from the Chancery Court for Shelby County No. CH0910921 Walter L. Evans, Chancellor ________________________________ No. W2013-01753-COA-R3-CV – Filed March 28, 2016 _________________________________ This is a conversion case. The appellant bank perfected a security interest in collateral for a loan made to its debtor. The debtor subsequently sold the collateral to appellee companies, representing that there were no liens on the collateral. The appellee companies…