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A-W-D, INC. v. SALKELD

No. 3-876A185.

372 N.E.2d 486 (1978)

A-W-D, INC., Appellant (Plaintiff below), v. Clark T. SALKELD, d/b/a C.T.S. Distributing Co. and Midwest Warehouse Corp., Appellee (Defendant below).

Court of Appeals of Indiana, Third District.

February 13, 1978.

Attorney(s) appearing for the Case

John H. Heiney, of Rothberg, Gallmeyer, Fruechtenicht & Logan, Fort Wayne, for appellant (plaintiff below).

Albert Bonner Brown, Marion, for appellee (defendant below).

STATON, Presiding Judge.

A-W-D, Inc. (A-W-D) brought an action to recover from Midwest Warehouse Corp. (Midwest) the value of certain property, based upon A-W-D's prior security interest. The trial court found that, although A-W-D did have a prior security interest in the property, its prior security interest had been subordinated to the unperfected security interest of Midwest. The trial court rendered judgment in favor of Midwest. We reverse and remand the trial...

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