United States v. Progressive Farmers Marketing Agency

HANSON, Senior District Judge.

This is an interlocutory appeal pursuant to 28 U.S.C. § 1292(b) from the decision of the district court denying appellant’s motion for summary judgment. The court held that the appellee’s security interest in the debtor’s hogs was not extinguished by the sale of the hogs through the debtor’s agent, the appellant in this action. On appeal, the appellant asserts that the district court erred when it ruled that a livestock marketing agency is not entitled to the protection of the U.C.C. § 9-307(1), arguing that the U.C.C. provides that when the hogs were transferred…