FARM CREDIT SERVICES OF AMERICA, PCA v. SIMMONS BANK
FARM CREDIT SERVICES OF AMERICA, PCA v. SIMMONS BANK
Opinion
Cite as 2025 Ark. App. 478 ARKANSAS COURT OF APPEALS DIVISION IV No. CV-23-392
FARM CREDIT SERVICES OF Opinion Delivered October 8, 2025 AMERICA, PCA APPEAL FROM THE CROSS COUNTY APPELLANT CIRCUIT COURT [NO. 19CV-16-94] V. HONORABLE CHRISTOPHER W.
SIMMONS BANK; WALTER KEITH MORLEDGE, JUDGE LOCKLEY; WALTER KEITH LOCKLEY, JR.; WALTER LOCKLEY PARTNERSHIP; LOCKLEY & SONS, INC.; WALTER LOCKLEY & SONS; G.L. MORRIS FARMS LIMITED REVERSED AND REMANDED PARTNERSHIP; WILSON FAMILY LIMITED PARTNERSHIP; DEERE & COMPANY; FARM CREDIT SERVICES OF AMERICA, PCA; GREENWAY EQUIPMENT, INC.; JOHN DOE DEFENDANTS NOS. 1–10; AND JANE DOE DEFENDANTS NOS. 1–10.
APPELLEES
MIKE MURPHY, Judge This appeal arises from a summary-judgment order entered in favor of Simmons Bank against appellant Farm Credit Services of America, PCA (FCSA). The circuit court ruled as a matter of law that Simmons’s security interest in equipment proceeds held in the registry of the court from an indebted Cross County farming operation had priority over FCSA’s purchase-money security interest in that equipment. FCSA appeals the summary-judgment order, arguing, among other things, that there remains a genuine issue of material fact about the correct organizational name of the partnership that was indebted to it.
The facts and procedural history of this case are identical to those in Helena Agri- Enterprises, LLC v. Simmons Bank, 2025 Ark. App. 477, ___ S.W.3d ___, a companion case that we also hand down today. For the same reasons we set forth in Helena Agri-Enterprises, LLC, we reverse and remand the grant of summary judgment against FCSA. Additionally, because we reverse the summary-judgment order on that basis, we need not address FCSA’s remaining arguments for the reversal of the summary-judgment order.
Reversed and remanded.
HARRISON and TUCKER, JJ., agree.
Owens, Mixon & Heller, P.A., by: Aaron D. Heller and W. Lance Owens, for appellant.
Ramsay, Bridgforth, Robinson and Raley, LLP, by: David R. Bridgforth, for separate appellee Simmons Bank.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.