First National Bank v. Profit Pork, LLC

OPINION

BJORKMAN, Judge.

On appeal from summary judgment, appellant Wilmont-Adrian Cooperative argues that the district court erred in holding that it has a production-inputs lien, inferior to respondent First National Bank’s (FNB) security interest, and therefore cannot prevail on its Uniform Commercial Code (UCC) and conversion claims against FNB. Because we conclude that Wilmonb-Adrian has a production-inputs lien under Minn.Stat. § 514.966, subd. 3, rather than a superior feeder’s lien under Minn.Stat. § 514.966, subd. 4, we affirm.

FACTS

Profit Pork, LLC is a now-defunct company that…