1. Home
  2. Browse Decisions
  3. N.W.2d
  4. 801 N.W.2d
  5. 801 N.W.2d 17 (2011)
 

THE NAT. BANK v. FCC EQUIPMENT FINANCING

No. 10-0837.

801 N.W.2d 17 (2011)

THE NATIONAL BANK, Plaintiff-Appellant, v. FCC EQUIPMENT FINANCING, INC., Defendant-Appellee.

Court of Appeals of Iowa.

February 9, 2011.

Attorney(s) appearing for the Case

Douglas R. Lindstrom and Richard A. Davidson of Lane & Waterman, L.L.P., Davenport, for appellant.

Michael A. Dee of Brown, Winick, Graves, Gross, Baskerville & Schoenebaum, P.L.C., Des Moines, Daniel S. Rubin of Howard & Howard Attorneys, P.L.L.C., Chicago, Illinois, and William P. Rector of Bozeman, Neighbour, Patton & Noe, L.L.P., Moline, Illinois, for appellee.

Heard by SACKETT, C.J., and POTTERFIELD and MANSFIELD, JJ.

MANSFIELD, J.

I. Introduction.

THE National Bank (TNB) wired money to FCC Equipment Financing, Inc. (FCC), which held a lien on five trucks. TNB anticipated that these funds—together with additional funds from TNB's customer—would enable FCC's lien to be paid off and TNB's customer to acquire the trucks with TNB becoming the new secured lender. As it turned out, the customer did not have enough money...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases