Wangen v. Swanson Meats, Inc.
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
NORTON, Judge.
Swanson Meats, Inc., seeks review of a court trial verdict ordering it to pay $71,-945.19 in damages to respondent Roger Wan-gen. Because we hold that Swanson’s purchase of AVFS inventory violated a valid security interest held by Wangen, we affirm.
FACTS
In June 1991, Apple Valley Food Services, Inc. (AVFS), granted a security interest to Roger M. Wangen (Wangen) in all of its property including its inventory. 1 This security interest was granted to Wangen as collateral for a $220,000 note and a $40,000 note that AVFS guaranteed in the name of the Apple Valley Food…
2Cases cited8 opinions
- Tonka Tours, Inc. v. ChadimaSupreme Court of Minnesota · 1985
- Chrysler Corp. v. Adamatic, Inc.Wisconsin Supreme Court · 1973
- Daniel v. Bank of HaywardWisconsin Supreme Court · 1988
- Farmers State Bank of Delavan v. ElevatorCourt of Appeals of Minnesota · 1990
- Batey Land & Livestock Co. v. NixonMontana Supreme Court · 1977
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3Cited by3 opinions
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- Christensen v. Milbank Insurance Co.Court of Appeals of Minnesota · 2002
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