Draper Bank and Trust Co. v. Lawson

STEWART, Justice:

This appeal involves a U.C.C. Article 9 priority dispute between the plaintiff, Draper Bank and Trust Company, and the plaintiff-in-intervention, General Motors Acceptance Corporation (GMAC). Both parties claim a security interest in three cars in the inventory of the defendant, Ed Lawson Chevrolet, Inc. The trial court granted GMAC summary judgment. We affirm.

As required on an appeal from a summary judgment, we view the evidence in a light most favorable to the losing party, i.e., Draper Bank. Bowen v. Riverton City, Utah, 656 P.2d 434 (1982); Durham v. Margetts, Utah, 571…