Peace River Seed Co-Operative, Ltd. v. Proseeds Marketing, Inc., 355 Or. 44, 322 P.3d 531 (Or. 2014)

Facts

  • Peace River, a Canadian cooperative, contracted to sell Proseeds, an Oregon buyer-reseller, Peace River’s total production of specified grass-seed varieties over two years at fixed prices.
  • Proseeds was to provide shipping/delivery instructions and pay the contract price; the contracts incorporated NORAMSEED Trade Rules and referenced “charges for collection.”
  • After the contracts formed, grass-seed prices fell significantly.
  • Proseeds took some deliveries but then failed to provide further shipping instructions and did not take delivery of much of the seed.
  • Peace River treated the conduct as a breach, cancelled the contracts as to undelivered seed, and resold the seed to others at lower prices.
  • Peace River sought damages for the shortfall between the contract price and the value of performance, plus interest, costs, and attorney fees.
  • The trial court found Proseeds in breach, awarded damages using a “lesser-of” approach (limiting Peace River to the smaller of resale damages or market damages), and denied attorney fees.
  • The Court of Appeals held Peace River could recover market-price damages despite resale and remanded on whether “charges for collection” included attorney fees.
  • The Oregon Supreme Court granted review to address the relationship between UCC resale and market-damages remedies and the fee claim.

Issues

  1. Whether an aggrieved seller who resells goods after the buyer’s breach may recover market-price damages under ORS 72.7080(1) even if that amount exceeds resale damages under ORS 72.7060.
  2. Whether the incorporated NORAMSEED “charges for collection” provision authorized an award of attorney fees.

Decision

  • The Oregon Supreme Court held that a seller who has resold the goods may still recover market-price damages under ORS 72.7080(1), even when those damages exceed resale damages under ORS 72.7060.
  • The Court rejected the trial court’s “lesser-of” limitation and remanded for recalculation of damages consistent with the market measure.
  • The Court held Peace River was not entitled to attorney fees because the contract language did not authorize them and the record did not establish a trade-usage meaning that included attorney fees.
  • The Court of Appeals decision was affirmed in part and reversed in part; the circuit court judgment was affirmed in part and reversed in part; the case was remanded.
  • Under UCC Article 2 as codified in Oregon, the resale remedy (ORS 72.7060) is permissive and does not make resale damages exclusive merely because resale occurred.
  • Market-price damages (ORS 72.7080(1)) remain available after resale; the seller is not forced into a lower measure by an election-of-remedies or “lesser-of” rule.
  • UCC remedies are administered to place the aggrieved party in as good a position as if the contract had been performed, while preventing double recovery.
  • Attorney fees are not recoverable absent clear contractual or statutory authorization; “charges for collection” did not establish a right to attorney fees on this record.

Conclusion

The court held that an aggrieved seller may choose market-price damages under the UCC even after reselling the goods and even if that measure exceeds resale-based damages, but denied attorney fees because the contract did not clearly provide for them and trade usage was not proven.