In re Wynn (Ch 7 Case No. 17-70604, Adv. Case No. 20-07015)
This matter comes before the Court by cross motions for summary judgement filed by Plaintiff, AgGeorgia Farm Credit, ACA, and Defendant, Deere & Company in an adversary proceeding to determine the priority of liens on a tractor. The Court found that the Debtor’s name on Deere & Company’s UCC filing statement was seriously misleading, giving AgGeorgia the priority lien on the tractor over Deere’s lien. Neither actual notice of Deere’s lien nor res judicata affected AgGeorgia’s lien priority. Therefore, the Defendant’s motion for summary judgement is denied and the Plaintiff’s motion for summary judgement is granted.
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Friday, April 2, 2021