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CENTERRE BANK v. NEW HOLLAND DIV. OF SPERRY CORP.

Nos. 86-1893, 86-1894.

832 F.2d 1415 (1987)

CENTERRE BANK, N.A., Plaintiff-Appellee, Cross-Appellant, v. NEW HOLLAND DIVISION OF SPERRY CORPORATION, Defendant-Appellant, Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided October 23, 1987.

Rehearing Denied November 30, 1987.

Attorney(s) appearing for the Case

Douglas B. King, Wooden, McLaughlin & Sterner, Indianapolis, Ind., for defendant-appellant, cross-appellee.

R.C. Richmond, III, Ancel, Miroff & Frank, P.C., Indianapolis, Ind., for plaintiff-appellee, cross-appellant.

Before WOOD, RIPPLE, Circuit Judges, and ESCHBACH, Senior Circuit Judge.

RIPPLE, Circuit Judge.

In this diversity case, New Holland Division of Sperry Corporation (Sperry) appeals the decision of the district court holding it liable for conversion under article 9 of Indiana's version of the Uniform Commercial Code (U.C.C. or Code). Centerre Bank, N.A. (Centerre) cross-appeals the district court's calculation of its damages resulting from the conversion. For the reasons set forth below, we affirm the judgment of the district court regarding...

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