Mammoth Cave Production Credit Ass'n v. Oldham
Court of Appeals of Tennessee
1Opinion of the Court
OPINION
DROWOTA, Judge.
This case raises several questions about the validity of and prerequisites to a suit for conversion by the holder of a security interest in crops under Article 9 of the Uniform Commercial Code against a factor and commission merchant, which sold the collateral for the debtor and turned over the proceeds to him.
Plaintiff, Mammoth Cave Production Credit Association, a corporation in the business of agricultural financing in Kentucky, filed suit in Smith County Chancery Court on July 30, 1975, against L. H. Old-ham and Walter Taylor, partners in a tobacco warehouse business…
2Cases cited12 opinions
- Clovis National Bank v. ThomasNew Mexico Supreme Court · 1967
- Barger v. WebbTennessee Supreme Court · 1965
- Production Credit Ass'n of Chippewa Falls v. Equity Coop Livestock Sales Ass'nWisconsin Supreme Court · 1978
- White-Sellie's Jewelry Co. v. Goodyear Tire & Rubber Co.Court of Appeals of Texas · 1972
- Murdock v. BlakeUtah Supreme Court · 1971
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3Cited by74 opinions
- Paehler v. Union Planters National Bank, Inc.Court of Appeals of Tennessee · 1997
- Harley-Davidson Motor Co., Inc., and Itt Commercial Finance Corp. v. Bank of New England--Old Colony, N.A.Court of Appeals for the First Circuit · 1990
- PNC Multifamily Capital Institutional Fund XXVI Limited Partnership v. Bluff City Community Development CorporationCourt of Appeals of Tennessee · 2012
- Massachusetts Bay Insurance v. Vic Koenig Leasing, Inc.Court of Appeals for the Seventh Circuit · 1998
- Ralston v. HobbsCourt of Appeals of Tennessee · 2009
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