PACCAR Financial Corp. v. J.L. Healy Construction Co.

MEMORANDUM OPINION

BOGUE, Chief Judge.

Plaintiff, Paccar Financial Corporation (hereinafter Paccar) commenced this diversity action by filing a complaint alleging that defendant J.L. Healy Construction Company (hereinafter Healy) is in possession of a 1975 Kenworth tractor, model W925, serial number 139040. Plaintiff claims a superior interest in the vehicle by way of a lien noted on an Indiana certificate of title. Paccar prayed for declaratory relief and for either the return of the vehicle or for damages in lieu of replevin. Healy answered by admitting both the purchase and the possession of…