Conseco Finance Servicing Corp. v. Robert. Lee and Ann E. Lee

CourtCourt of Appeals of Texas
DecidedJune 8, 2004
Docket14-03-01194-CV
StatusPublished

This text of Conseco Finance Servicing Corp. v. Robert. Lee and Ann E. Lee (Conseco Finance Servicing Corp. v. Robert. Lee and Ann E. Lee) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conseco Finance Servicing Corp. v. Robert. Lee and Ann E. Lee, (Tex. Ct. App. 2004).

Opinion

Reversed and Rendered and Memorandum Opinion filed June 8, 2004

Reversed and Rendered and Memorandum Opinion filed June 8, 2004.

In The

Fourteenth Court of Appeals

____________

NO. 14-03-01194-CV

CONSECO FINANCE SERVICING CORP., Appellant

V.

ROBERT C. LEE AND ANN E. LEE, Appellees

On Appeal from the County Court at Law No. 1

Harris County, Texas

Trial Court Cause No. 766,142

M E M O R A N D U M   O P I N I O N

Appellant Conseco Finance Servicing Corp. appeals from a final judgment (1) granting the summary judgment motion of appellees Robert C. Lee and Ann E. Lee, (2) denying Conseco=s summary judgment motion, and (3) ordering that full rights and title to a certain Roadtrek motor home be vested in the Lees.  Concluding that the summary judgment proof establishes, as a matter of law, that Conseco has a valid and perfected security interest in the Roadtrek, which interest survived Lees= purported purchase, we reverse and render judgment in favor of Conseco.


FACTUAL AND PROCEDURAL BACKGROUND

On December 21, 1998, Lila Williams purchased a 1998 Roadtrek 200 Versatile motor home from New World R.V., Inc.  The purchase price was $77,224.38, and Williams financed $63,680.65.  Under the Retail Installment Contract and Security Agreement, Williams gave a security interest in the motor home to New World, and the same date New World, by Virginia Williams, assigned the contract and security agreement to AGreen Tree Financial Servicing Corporation.@[1]  The Original Texas Certificate of Title, issued July 3, 1999, lists AGreentree Financial@ as the first and only lienholder, with the date of lien being December 21, 1998.  In November 1999, Green Tree applied for, and was granted, an amended certificate of authority to transact business under the new name of Conseco Finance Servicing Corp.

On December 29, 2000, the Lees allegedly purchased the Roadtrek 200 Versatile motor home from New World for $42,831.80, including a documentary fee, various other fees, and insurance.  There is nothing to indicate whether or how New World reacquired the Roadtrek from Lila Williams.

On July 1, 2001, Lila Williams defaulted on her payments to Conseco; and, in October 2001, Conseco sued her in Hardin County, Texas, for breach of contract.  Later the same month, the Lees filed suit against the Texas Department of Transportation, complaining of its refusal to issue the Lees a certificate of title, which refusal was primarily based on the fact it was A[u]nable to obtain properly assigned Negotiable Title.@


In February, 2002, the Lees sued Conseco seeking a declaration that full, complete and unencumbered title to the motor home be vested in the Lees.[2]  The Lees alleged (1) they were the owners of the motor home, which was subject to a title encumbrance asserted in the July 3, 1999, title document; (2) an entity Abelieved to be the successor-in-interest [sic] to Defendant@ caused a lien to be recorded, asserted for security purposes as an encumbrance on the motor home; (3) the asserted lien Ais invalid because it is asserted by an entity which is incompetent to assert and maintain the security interest in such title,@ i.e., the lien is asserted by Green Tree Financial which the Secretary of State indicates is no longer a viable business entity in Texas; and (4) Conseco=s claim is invalid because the Lees are buyers in the ordinary course of business as set forth in Texas Business and Commerce Code (AUCC@) sections 2.403 and 9.320, and as buyers in the ordinary course of business, the Lees take free of the Conseco=s asserted security interest.

Conseco answered and counterclaimed for (1) a declaration it had a valid and perfected security interest in the motor home and (2) and an order requiring the Lees to give possession of the motor home to Conseco.[3]  In support of its affirmative defenses as well as its counterclaim, Conseco relied on the Certificate of Title Act.[4]


The parties filed competing motions for summary judgment.  Conseco argued the Certificate of Title Act was the relevant statute, Conseco had fully complied with the perfection requirements of the Act, and therefore all subsequent buyers of the collateral (the Roadtrek), including the Lees, were subject to Conseco=s security interest in the collateral.  Conseco also argued UCC sections 2.403 and 9.320 did not apply.[5]  Finally, Conseco argued, because its perfected interest and lien had not been paid or satisfied, Conseco was entitled to possession of the collateral.

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