Legal Opinion
Fin-Ag, Inc. v. Watertown Livestock Auction, Inc.
South Dakota Supreme Court
Decided June 18, 2008No. 24050PublishedCited by 9 opinions
1Opinion of the Court
ZINTER, Justice.
[¶ 1.] This appeal arises from an action for conversion by Fin-Ag, Inc. against Wa-tertown Livestock Auction, Inc. Fin-Ag alleges it had a perfected security interest in cattle sold at Watertown under the name C & M Dairy. The case involves numerous issues regarding a commission merchant’s liability for conversion when the collateral involves farm products covered by the Food Security Act (FSA), 7 USC § 1631 (1985). On cross-motions for summary judgment, the circuit court concluded that Watertown converted Fin-Ag’s collateral.
[¶ 2.] This case involves the same debtors1 and…
2Cases cited3 opinions
- Fin-Ag, Inc. v. Pipestone Livestock Auction Market, Inc.South Dakota Supreme Court · 2008
- Consolidated Nutrition, L.C. v. IBP, Inc.South Dakota Supreme Court · 2003
- Fin-Ag, Inc. v. Cimpl's, Inc.South Dakota Supreme Court · 2008
3Cited by9 opinions
- Fin-Ag, Inc. v. Pipestone Livestock Auction Market, Inc.South Dakota Supreme Court · 2008
- Fin-Ag, Inc. v. Cimpl's, Inc.South Dakota Supreme Court · 2008
- Butts v. Evangelical Lutheran Good Samaritan SocietyDistrict Court, D. South Dakota · 2012
- Jacobs v. Evangelical Lutheran Good Samaritan SocietyDistrict Court, D. South Dakota · 2012
- Fin-Ag, Inc. v. Cimpl's, Inc.South Dakota Supreme Court · 2008
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