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AUDIO ODYSSEY v. U.S.

No. 00-3147

255 F.3d 512 (2001)

Audio Odyssey, Ltd., an Iowa Corporation, Dogan A. Dincer, and Ann M. Dincer, Appellants, v. United States of America and the United States Small Business Administration, Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: July 5, 2001

Attorney(s) appearing for the Case

Dale G. Haake, argued, Rock Island, IL, for appellant.

Glenn P. Harris, argued, Small Business Admin., Washington, DC (Gary 1. Hay ward, Asst. U.S. Atty., Des Moines, IA, on the brief), for appellee.

Before BOWMAN and FAGG, Circuit Judges, and PIERSOL, District Judge.

PIERSOL, District Judge.

This appeal revolves around a loan that was made by Brenton First National Bank (the Bank) to Audio Odyssey, Ltd., a retail electronics store owned by Dogan and Ann Dincer (Audio Odyssey and the Dincers are referred to collectively as Audio Odyssey). The loan was guaranteed by the Small Business Administration (SBA). After the Bank filed a writ of replevin and seized Audio Odyssey's inventory, Audio Odyssey brought this action against the...

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