Farm Credit of Northwest Fla. V. Easom Peanut Company, et al., 312 Ga. App. 374 (Ga. Ct. App. 2011)

(dispute arising out of bankruptcy of peanut broker regarding competing claims to proceeds from sale of ’08 peanut crops; peanut warehouser and processor sued Farm Credit which loaned money to broker; other creditors of broker claimed superior interest; court cited U.C.C. Art. §9-110 concluding Farm Credit had perfected security interest in proceeds because they had “constructive possession” over peanuts; growers had unperfected interest; warehouser and processor had no interest in proceeds- though they may have had independent right to be paid; court remanded on issue of whether Farm Credit acted in bad faith by exercising dominion over peanuts).