The plaintiff bank brought a motion for summary judgment against the defendant auto collision company for the value of a financed truck.
The individual defendant had financed the truck through the plaintiff but gave it to the corporate defendant to convert into a tow truck and use in its fleet.
The corporate defendant claimed a lien under the Repair and Storage Liens Act for conversion, repair, and storage costs, and subsequently transferred ownership to itself.
The court found the corporate defendant failed to comply with the Act, had no valid lien, and wrongfully converted the vehicle, awarding the plaintiff damages based on the truck's appraised value.
