Amarillo National Bank v. Komatsu Zenoah America, Inc.

GOLDBERG, Circuit Judge:

The Amarillo National Bank (“Bank”) appeals the district court’s denial of its conversion claim against Komatsu Zenoah America, Inc. (“KZA”). The Bank sued KZA for conversion, alleging that KZA wrongfully obtained possession of certain merchandise, in which the Bank has a perfected and superior security interest, from the Connally Implement & Supply Co., Inc. (“CISCO”). The district court, hearing this case under diversity jurisdiction and applying Texas law, held that the Bank consented to the transfer of the merchandise from CISCO to KZA and granted KZA’s motion for…