STATE BANK OF CHERRY v. CGB ENTERPRISES

No. 113836.

984 N.E.2d 449 (2013)

2013 IL 113836

368 Ill. Dec. 503

STATE BANK OF CHERRY, Appellant, v. CGB ENTERPRISES, INC., Appellee.

Supreme Court of Illinois.

February 22, 2013.


Attorney(s) appearing for the Case

Anthony C. Raccuglia and Bradley P. Popurella , Peru, IL, for appellant.

Jeffrey Alan Ryva , Husch Blackwell LLP, Peoria, IL, for appellee.


OPINION

Justice GARMAN delivered the judgment of the court, with opinion.

¶ 1 Plaintiff, State Bank of Cherry (the secured party), filed suit against defendant, CGB Enterprises, Inc. (the buyer), claiming that defendant failed to protect plaintiff's security interest in crops defendant purchased from a third-party debtor. Defendant filed a motion to dismiss plaintiff's complaint, arguing that plaintiff's notices of security interest to defendant were...

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