Legal Opinion

John Deere Leasing Co. v. Fraker

Supreme Court of Iowa

Decided November 12, 1986No. 85-1218PublishedCited by 13 opinions

1Opinion of the Court

WOLLE, Justice.

The plaintiff John Deere Leasing Company (Deere) repossessed from defendant Stanley Fraker a leased combine harvester, sold it at private sale for much less than Fraker owed, and obtained summary judgment for the $25,045.21 deficiency. We transferred the case to the court of appeals which upheld the summary judgment. Fraker contends his affidavit in resistance to Deere’s motion for summary judgment generated a genuine issue of material fact concerning the commercial reasonableness of the private sale. We agree and therefore vacate the decision of the court of appeals, reverse…

2Cases cited12 opinions

  1. United States v. Conrad Publishing Company, a Corporation, the Estate of Currie Conrad, John G. Conrad and Charles Conrad, (Two Cases)Court of Appeals for the Eighth Circuit · 1978
  2. Knapp v. SimmonsSupreme Court of Iowa · 1984
  3. Thorp Credit, Inc. v. GottSupreme Court of Iowa · 1986
  4. Suss v. SchammelSupreme Court of Iowa · 1985
  5. United States v. Thomas N. TerreyCourt of Appeals for the Fifth Circuit · 1977

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3Cited by13 opinions

  1. Gaynor v. Union Trust Co.Supreme Court of Connecticut · 1990
  2. Resolution Trust Corp v. CarrCourt of Appeals for the First Circuit · 1993
  3. Shawmut Bank, N.A. v. ChaseMassachusetts Appeals Court · 1993
  4. First Bank of South Dakota (National Ass'n) v. VonEyeSouth Dakota Supreme Court · 1988
  5. General Electric Capital Corp. v. VashiSupreme Court of Iowa · 1992

8 more not listed; retrieve them via the Exa API.

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