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Case No. 19-0244

RSB Entertainment, LLC d/b/a Plaza Bowl and Richard J. Moores
v.
Heritage Bank, N.A.

Appellant

RSB Entertainment, LLC d/b/a Plaza Bowl and Richard J. Moores

Appellee

Heritage Bank, N.A.

Attorneys for Appellant

John S. Moeller

Attorneys for Appellee

Sander J. Morehead

Court of Appeals

Court of Appeals Opinion

Opinion Number:
19-0244
Date Published:
Jan 09, 2020
Summary

            Appeal from the Iowa District Court for Woodbury County, Julie A. Schumacher, Judge.  AFFIRMED IN PART, REVERSED IN PART, AND REMANDED FOR NEW TRIAL.  Considered by Vaitheswaran, P.J., Mullins, J., and Gamble, S.J.  Schumacher, J., takes no part.  Opinion by Gamble, S.J.  (12 pages)

            RSB Entertainment, LLC and Richard Moores appeal from the district court’s summary judgment ruling and dismissal of their claim for damages.  They challenge the district court’s summary judgment ruling determining certain equipment amounted to fixtures to real property.  They also claim disposition of secured collateral was not commercially reasonable.  OPINION HOLDS: The district court properly granted summary judgment determining the equipment amounted to fixtures.  The district court applied the incorrect legal test in determining commercial reasonableness and entitlement to a deficiency.

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