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AETNA FINANCE CO. v. HENDRICKSON

No. 55A04-8708-CV-254.

526 N.E.2d 1222 (1988)

AETNA FINANCE COMPANY D/B/A THORP CREDIT, Inc. of Indiana, Appellant (Plaintiff below), v. Kevin E. HENDRICKSON, John Melvin Ream, and Sperry New Holland, a Division of Sperry Corporation, Appellees (Defendants below).

Court of Appeals of Indiana, Third District.

August 18, 1988.

Attorney(s) appearing for the Case

Lawrence M. Reuben, Atlas & Reuben, P.A., Indianapolis, for appellant.

R.C. Richmond, III, Ancel, Miroff & Frank, P.C., Indianapolis, for appellee Sperry New Holland.

HOFFMAN, Judge.

Aetna Finance Company, d/b/a Thorp Credit, Inc. of Indiana (Thorp) is appealing a negative judgment rendered in favor of Sperry New Holland, a division of the Sperry Corporation (Sperry). The trial court reached its decision after a trial without a jury and the court determined that Sperry's security interest in certain equipment had priority over Thorp's security interest in the same equipment. Although the case was decided on stipulated facts, a...

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