Winfield Solutions LLC v. Success Grain Inc et al, No. 3:2017cv00329 - Document 35 (E.D. Ark. 2018)

Court Description: AMENDED OPINION AND ORDER granting in part and denying in part 21 Motion for Summary Judgment. 27 Motion for summary judgment is granted. Winfield is granted summary judgment on its breach of contract claims against Berry and Lane in the amount of $439,076.48, with late charges of $186.87 per day accruing from 12/1/2017, through the date of this Amended Opinion and Order. Because Farm Credit's security interest in Success Grains collateral is superior to the security interest of Winfield Solutions, and because the auction proceeds are best handled in the state court proceeding in which Farm Credit is the plaintiff, the 16 motion to deposit funds is denied. Signed by Judge J. Leon Holmes on 4/4/2018. (jak)

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Winfield Solutions LLC v. Success Grain Inc et al Doc. 35 IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS JONESBORO DIVISION WINFIELD SOLUTIONS, LLC v. PLAINTIFF No. 3:17CV00329 JLH SUCCESS GRAIN, INC.; J. TODD BERRY; GLENNA S. LANE; and FARM CREDIT MIDSOUTH, PCA DEFENDANTS JUDGMENT Pursuant to the Opinion and Order entered on April 2, 2018, judgment is entered in favor of Winfield Solutions, LLC, against Success Grain, Inc., J. Todd Berry, and Glenna S. Lane, in the amount of $439,076.48 plus late charges in the amount of $186.87 per day from December 1, 2017, through the date of this Judgment for a total of late charges in the amount of $23,147.08, making the total judgment $462,223.56, on which post-judgment interest will accrue at the rate of 2.06% per annum, for all of which garnishment and execution may issue. IT IS SO ORDERED this 4th day of April, 2018. J. LEON HOLMES UNITED STATES DISTRICT JUDGE Dockets.Justia.com

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