United States Eighth Circuit

In a declaratory judgement action seeking to determine the priority of perfected security interests, district court's grant of plaintiff's motion for summary judgment is reversed. The defendants' financing statements that listed all of debtor's assets and all proceeds in certain annuity contracts but erroneously listed the contract number and entity issuing were not seriously misleading and thus sufficient to perfect the defendants' security interests.

Appellate Information

• Decided 02/20/2009
• Published 02/20/2009

Judges

• BYE, Circuit Judge., Before WOLLMAN, BYE, and RILEY, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Harry C. Sigman, argued, Los Angeles, CA, Joseph C. Chancey, Atlanta, GA, and Jennifer E. Ampulski, Minneapolis, MN, on the brief, for appellant.


• For Appellees:
  
• Robert C. Moilanen, argued, Minneapolis, MN, Richard T. Ostlund and Shannon M. Awsumb, Minneapolis, MN, on the brief, for appellee.