Excel Bank v. National Bank of Kansas City

JOSEPH M. ELLIS, Judge.

Excel Bank (“Excel”) appeals from a summary judgment in favor of National Bank of Kansas City d/b/a Great American Acceptance Company (“GAAC”) on Excel’s replevin action concerning eighteen vehicles that GAAC seized from a used car dealer, Miles Truck and Auto (“Miles”). For the following reasons, we affirm.

The underlying facts are undisputed. On March 5, 2004, GAAC advanced money to Miles under a floor plan financing arrangement. 1 Miles granted GAAC a security interest in, among other things, all inventory that Miles “own[s] or ha[s] sufficient rights in which to…