Legal Opinion · Concurrence

Maine Farmers Exchange, Inc. v. Farm Credit of Maine, A.C.A.

Supreme Judicial Court of Maine

Decided February 5, 2002Published

1Concurrence

SAUFLEY, C.J., and DANA, J.,

concurring in part and concurring in the judgment.

[¶ 23] We concur in the result but write separately to address the question of the security interest in the goods that the Court has declined to reach. We agree with the Court’s conclusion that MFX had the right pursuant to former 11 M.R.S.A. § 9-818(l)(a) (1995)11 to set off the amount NEI owed it for the potato bags against the account receivable for potato purchases owed to NEI and assigned to Farm Credit; although a different characterization of the facts would have been possible, the Superior Court’s finding…

2Cases cited17 opinions

  1. Bank of Waunakee, a Wisconsin Banking Corporation v. Rochester Cheese Sales, Inc., a Minnesota CorporationCourt of Appeals for the Seventh Circuit · 1990
  2. Central Washington Bank v. Mendelson-Zeller, Inc.Washington Supreme Court · 1989
  3. Food Services of America v. Royal Heights, Inc.Washington Supreme Court · 1994
  4. Bakee Production Credit Ass'n v. Long Creek Meat Co.Oregon Supreme Court · 1973
  5. Churchill Business Credit, Inc. v. Pacific Mutual Door CompanyCourt of Appeals for the Eighth Circuit · 1995

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