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State Courts -
Indiana - April 17 - April 18, 2006
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Allen v. First Nat'l Bank, No. 66A04-0506-CV-364,
COURT OF APPEALS OF INDIANA, FOURTH DISTRICT, April 18, 2006, Decided
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Overview: When a bank orally agreed to let a purchaser buy, from a debtor, collateral the bank had filed financing statements on, the bank's perfected security interest trumped the oral contract, but fact issues existed as to the buyer's entitlement to damages, under Ind. Code § 26-1-9.1-609, for the bank's breach of the peace in repossessing the collateral.
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Anthony v. Ind. Farmers Mut. Ins. Group, No. 49A02-0503-CV-209,
COURT OF APPEALS OF INDIANA, SECOND DISTRICT, April 18, 2006, Decided
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Overview: A trial court's finding of an allegedly injured party's attorneys' actual authority to settle his claim against his insurer was supported by substantial evidence of probative value, and, therefore, was not clearly erroneous, as all his attorneys agreed he authorized the settlement and the party presented no contrary evidence, other than his denial.
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