- 11 U.S.C.
Ellis v. IPC (USA) Inc. (In re Pettit Oil Co.)
May
19
2016
Ruling
Trustee had status of senior secured party in debtor's stored fuel, ahead of claim of consignor.
Issue(s)
Did the trustee, as a hypothetical judgment lien creditor, have a senior interest to creditor consignor in the fuel that was in the debtor's tanks as of the petition date?
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Court
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