Legal Opinion
Greenbush State Bank v. Stephens
Court of Appeals of Minnesota
Decided November 27, 1990No. C7-90-532PublishedCited by 17 opinions
1Opinion of the Court
OPINION
DAVIES, Judge.
Appellant Greenbush State Bank foreclosed a perfected security interest in David Stauffenecker’s agricultural equipment. The bank attempted to seize a John Deere 4020 tractor located on respondent Larry Stephens’ farm, alleging it belonged to Stauffenecker. When Stephens refused to tender the tractor, claiming he owned it, the bank sued. The trial court ruled that Stephens owned the tractor free and clear of any interest of the bank. We reverse.
FACTS
In June 1984 Greenbush State Bank entered an agreement with turkey farmer David Stauffenecker under which Stauffe-necker…
2Cases cited9 opinions
- Frost-Benco Electric Ass'n v. Minnesota Public Utilities CommissionSupreme Court of Minnesota · 1984
- State v. HannukselaSupreme Court of Minnesota · 1990
- Transport Equipment Company v. Guaranty State BankCourt of Appeals for the Tenth Circuit · 1975
- International Harvest. Cr. v. American Nat. Bk.Supreme Court of Florida · 1974
- Leininger v. AndersonSupreme Court of Minnesota · 1977
4 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Citizens National Bank of Denton v. CockrellTexas Supreme Court · 1993
- Soucek v. BanhamCourt of Appeals of Minnesota · 1994
- Gun Lake Ass'n v. County of AitkinCourt of Appeals of Minnesota · 2000
- Border State Bank of Greenbush v. Bagley Livestock Exchange, Inc.Court of Appeals of Minnesota · 2004
- Kissoondath v. United States Fire Insurance Co.Court of Appeals of Minnesota · 2001
12 more not listed; retrieve them via the Exa API.