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FRAZIER NUTS, INC. v. AMERICAN AG CREDIT

No. F047759.

46 Cal.Rptr.3d 869 (2006)

141 Cal.App.4th 1263

FRAZIER NUTS, INC., et al., Plaintiffs and Appellants, v. AMERICAN AG CREDIT, Defendant and Respondent. J. Baxter Knight et al., Plaintiffs and Appellants v. American AG Credit, Defendant and Respondent.

Court of Appeal of California, Fifth District.

August 2, 2006.

Attorney(s) appearing for the Case

Drummond & Associates, Bridget B. Laurent and Donald F. Drummond, San Francisco, for Plaintiffs and Appellants.

Abbey, Weitzenberg, Warren & Emery, Patrick W. Emery, Santa Rosa, John W. Alden, Los Angeles, and Rachel K. Nunes, for Defendant and Respondent.

Certified for Partial Publication.*

OPINION

DAWSON, J.

Creditors of a bankrupt almond processor each claim superior rights to proceeds generated by the processor's sale of almonds. The processor paid the proceeds to its secured lender to reduce its loan balance. Unpaid almond growers who sold their crops to the processor on credit sued the secured lender to recover...

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