Legal Opinion
First Interstate Bank of Denver, N.A. v. Arizona Agrochemical Co.
Colorado Court of Appeals
Decided August 21, 1986No. 84CA1331PublishedCited by 9 opinions
1Opinion of the Court
VAN CISE, Judge.
In this action to recover proceeds from the sale of collateral, the defendant, Arizona Agrochemical Company (Agrochemical), appeals the summary judgment entered in favor of the plaintiff, First Interstate Bank (Bank). We reverse.
The following facts are not in dispute. As collateral for an October 1981 loan to Boyce Baumgardner (Baumgardner), the Bank relied upon its prior perfected security interest in specified pieces of Baumgard-ner’s farm equipment and crops located in Saguache county.
In September 1982, Agrochemical perfected a lien on Baumgardner’s townhome in Archuleta…
2Cases cited5 opinions
- Bakee Production Credit Ass'n v. Long Creek Meat Co.Oregon Supreme Court · 1973
- Humboldt Trust & Savings Bank v. EntlerCourt of Appeals of Iowa · 1984
- C. O. Funk & Son, Inc. v. Sullivan Equipment, Inc.Appellate Court of Illinois · 1981
- First Nat. Bank of Brush v. BostronColorado Court of Appeals · 1977
- Fort Collins Prod. Credit Ass'n v. Carroll DairyColorado Court of Appeals · 1976
3Cited by9 opinions
- Central Washington Bank v. Mendelson-Zeller, Inc.Washington Supreme Court · 1989
- Producers Cotton Oil Co. v. Amstar Corp.California Court of Appeal · 1988
- Centerre Bank, N.A., Cross-Appellant v. New Holland Division of Sperry Corporation, CrossCourt of Appeals for the Seventh Circuit · 1987
- General Electric Company, Lighting Business Group v. Halmar Distributors, Inc. (In Re Halmar Distributors, Inc.)United States Bankruptcy Court, D. Massachusetts · 1990
- First State Bank v. ClarkSupreme Court of Iowa · 2001
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