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SIERRA FINANCE CORP. v. EXCEL LABORATORIES, LLC

No. 97-2450.

223 Wis.2d 694 (1998)

589 N.W.2d 432

SIERRA FINANCE CORPORATION, Plaintiff-Appellant, v. EXCEL LABORATORIES, LLC, (In Receivership), Defendant-Respondent.

Court of Appeals of Wisconsin.

Decided December 22, 1998.

Attorney(s) appearing for the Case

On behalf of the plaintiff-appellant, the cause was submitted on the briefs of Gaar W. Steiner and Patricia S. Matusiak, of Steiner & Schoenfeld, of Milwaukee. There was oral argument by Patricia Matusiak.

On behalf of the defendant-respondent, the cause was submitted on the brief of John M. Wirth, of Mallery & Zimmerman, of Milwaukee. There was oral argument by John M. Wirth.

Before Wedemeyer, P.J., Fine and Schudson, JJ.

SCHUDSON, J.

Sierra Finance Corporation appeals from the trial court order granting summary judgment to Excel Laboratories, LLC, and from the trial court order denying its motion for reconsideration. Sierra argues that the trial court erred in determining that it had no security interest in Excel's accounts receivable because it failed to designate the accounts as required by its security agreement with Excel. We conclude that the trial court was correct and, therefore...

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