Legal Opinion

Fin-Ag, Inc. v. Feldman Bros.

South Dakota Supreme Court

Decided October 17, 2007No. 24431PublishedCited by 19 opinions

1Opinion of the Court

SABERS, Justice.

[¶ 1.] Fin-Ag appeals the trial court’s dismissal of its conversion claims against NBP, Inc. (NBP), a Minnesota corporation, Feldman Brothers (Feldman), and Haas Livestock Selling Agency (Haas Livestock) for more than $327,000. Fin-Ag claims it has a security interest in Nathan Shaull’s (Shaull) accounts receivable and NBP’s settlement of its account debt for cattle feed by trading 393 head of cattle to HS Cattle 1 and Shaull did not extinguish NBP’s and Feldman’s responsibility for the debt. We affirm the trial court’s dismissal of the conversion claims.

FACTS

[¶ 2.] From 1996…

2Cases cited3 opinions

  1. Farmers & Merchants State Bank v. TeveldalSouth Dakota Supreme Court · 1994
  2. Amarillo National Bank v. Komatsu Zenoah America, Inc.Court of Appeals for the Fifth Circuit · 1993
  3. American Bank & Trust v. ShaullSouth Dakota Supreme Court · 2004

3Cited by19 opinions

  1. Osman v. Karlen and AssociatesSouth Dakota Supreme Court · 2008
  2. Estate of Olson v. OlsonSouth Dakota Supreme Court · 2008
  3. In Re Estate of SmidSouth Dakota Supreme Court · 2008
  4. White v. BainSouth Dakota Supreme Court · 2008
  5. State v. ReavesSouth Dakota Supreme Court · 2008

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