Jeffrey L Foster, et al. v. First Merchants Bank, N.A.
── Jeffrey L Foster, et al. v. First Merchants Bank, N.A. ──
Case No.: 23A-PL-00473
Court: Indiana Court of Appeals
Date: August 23, 2023
Author: Judge Cale Bradford
County of Origin: Benton
Category: Civil
Decision: Affirmed
Judge Riley and Judge Weissmann concur
In a related underlying action, the Bank sought to enforce a promissory note
against Treslong Dairy, LLC (“Treslong Dairy”), which had been secured by a
security agreement that had granted the Bank, among other things, a security
interest in all of Treslong Dairy’s haylage and silage (“the Collateral”). On
May 27, 2010, the Benton Circuit Court ordered the Bank to sell the Collateral.
In August of 2010, the Bank sold the Collateral for an amount less than the full
judgment owed to the Bank.
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