06/20/94 Farmers National Bank V. Charles P. Shirey
Supreme Court Of Idaho
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Appellants, Charles and Shauna Shirey ("Shireys"), appeal from an order of the district court granting summary judgment in favor of respondent, Farmers National Bank (the "Bank"). The Bank sought and obtained a declaratory judgment from the district court declaring its security interest in specific property to be superior to that of the Shireys. The Bank also successfully persuaded the district court to dismiss the Shireys' counterclaims of breach of contract, conversion, intentional interference with a contractual relationship, and fraud, based on the doctrine of res judicata. The Shireys appeal the order of summary judgment, asserting that a genuine issue of material fact exists as to which party's security interest is superior. The Shireys also appeal the order dismissing their counterclaims, challenging the district court's reliance on the doctrine of res judicata as the basis for its ruling.