FARM CREDIT SERVICES OF AMERICA, PCA v. SIMMONS BANK

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.

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