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AG SERVICES OF AMERICA, INC. v. KECHTER

No. 27212.

44 P.3d 1117 (2002)

137 Idaho 62

AG SERVICES OF AMERICA, INC., and its Assignee, Ag Acceptance Corp., an Iowa corporation, Plaintiff-Appellant, v. Richard L. KECHTER, Personal Representative of the Estate of Michael Gene KECHTER; and Jennifer Kechter, Defendants-Respondents.

Supreme Court of Idaho, Twin Falls, November, 2001 Term.

Rehearing Denied April 12, 2002.

Attorney(s) appearing for the Case

Stephan, Kvanvig, Greenwood, Stone & Trainor, Twin Falls, for appellant. Kevin F. Trainor argued.

Parsons, Smith & Stone, Burley, for respondent. William A. Parsons argued.

EISMANN, Justice.

The plaintiff appeals from a decision of the district court holding that the plaintiff's perfected security interest in the proceeds of the sale of a potato crop is subordinate to the lien of the warehouseman who stored the potatoes prior to their sale. We vacate the decision of the district court.

I. FACTS AND PROCEDURAL HISTORY

Ag Services of America, Inc. (herein "Ag Services") loaned money to a farmer named Shane Lierman to...

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