Duesterhaus Fertilizer, Inc. v. Capital Crossing Bank (In re Duesterhaus Fertilizer, Inc.)

OPINION

MARY P. GORMAN, Bankruptcy Judge.

This matter comes before the Court for decision on the issue of whether the Defendant, Capital Crossing Bank (“Capital Crossing”) has a valid, perfected security interest in certain assets of the Plaintiff, Duesterhaus Fertilizer, Inc. (“Duester-haus”). This matter is a core proceeding pursuant to 28 U.S.C. § 157(K) to determine the validity, extent, or priority of a lien.

Duesterhaus is an Iowa corporation with its place of business in Quincy, Illinois. Duesterhaus was a dealer of agricultural chemicals and provided related services to farmers. In 1994…