Opinion
The plaintiff, QuesTech Financial, LLC, appeals from the judgment of the trial court, which granted the plaintiff the right to replеvin certain goods and chattels in the possession of the defendant, Benni’s, LLC, while reserving for the defendant an opportunity to redeem, repurchase or bond those goods and chattels. We reverse in part the judgment of the trial court.
The following facts and procedural history are relevant to our disposition of the plaintiffs appeаl. The defendant owns and operates a Bennigan’s Grill and Tavern restaurant in Stamford. In 2002, the parties executed a nоte and security agreement by the terms of which the defendant became indebted to the plaintiff in the amount of $375,000. The аgreement also contained a clause by which the defendant granted the plaintiff a “first priority security interest in and liеn of’ the following assets: “All personal property, including (without limitation) all . . . equipment, inventory, goods, accounts, aсcounts receivable, contract rights, chattel paper, documents, fixtures, furniture, investment property, generаl intangibles, instruments, cash, deposit accounts, reserves, credits and any other funds due or to become due to [the рlaintiff] . . . present and future attachments, accessories and accessions, spare parts, replacеments, substitutions and exchanges or trade-ins with respect to, in connection with or generated by any of the foregoing . . . the products, proceeds, offspring, rents and profits of all of the foregoing, including insurance proceeds pаyable in respect of loss or damage to any of the foregoing and all other proceeds in whatever fоrm . . .” (collateral). The defendant subsequently defaulted on the terms of the agreement, and the plaintiff accelеrated the balance due thereupon. The plaintiff thereafter filed a replevin action pursuant to Genеral Statutes § 52-515, seeking the immediate possession of the collateral in the defendant’s possession.
The plaintiffs sole claim on appeal, which we will review under a plenary standard or review, 2 is that the court improperly granted the defendant an оpportunity to redeem, repurchase or bond the collateral. In so claiming, the plaintiff has renewed its argumеnt that there was no basis in law on which the court could grant such an opportunity to the defendant. We agree with the рlaintiff.
The defendant claims that the court’s authority is derived from its equitable powers. The defendant argues that a reрlevin action is the personal property equivalent of a foreclosure proceeding, and “Lj]ust as a mоrtgage foreclosure has been determined to be an equitable proceeding ... so must a replevin action be considered an equitable proceeding.” (Citation omitted.)
Unfortunately for the defendant, while “[foreclosure is peculiarly an equitable action”;
Hartford Federal Savings & Loan Assn.
v.
Lenczyk,
The judgment is reversed only as to its affording the defendant an oppоrtunity to redeem, repurchase or bond the goods or chattels subject to replevin and the case is remanded with direction to award the plaintiff the immediate and unconditional possession of the goods and chattels to be replevied. The judgment is affirmed in all other respects.
In this opinion the other judges concurred.
Notes
We emphasize that the court restricted its judgment to the “goоds and chattels” located at the defendant’s restaurant. To the extent that the plaintiff asserts that the court’s judgment encompassed all of the items in which it claims a security interest, we question whether all of those items are “goods аnd chattels” that are amenable to replevin. See General Statutes § 52-515. Nevertheless, the parties have not raised that issue, and, thus, it is not before us.
“We afford plenary review to . . . questions of law.”
Berlin Batting Cages, Inc.
v.
Planning & Zoning Commission,
