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MATTER OF GIBSON PRODUCTS OF ARIZONA

No. 74-1675.

543 F.2d 652 (1976)

In the Matter of GIBSON PRODUCTS OF ARIZONA, a limited partnership, Debtor. ARIZONA WHOLESALE SUPPLY CO., Petitioner-Appellee, v. George J. ITULE, Respondent-Appellant.

United States Court of Appeals, Ninth Circuit.

Rehearing Denied October 15, 1976.

Attorney(s) appearing for the Case

Lawrence Ollason, Tucson, Ariz., for appellant.

G. F. Randolph, Phoenix, Ariz., for appellee.

Before HUFSTEDLER and GOODWIN, Circuit Judges, and WHELAN, District Judge.

HUFSTEDLER, Circuit Judge:

On this appeal we must referee a collision between the "proceeds" provision of the Uniform Commercial Code (U.C.C. § 9-306(4), A.R.S. § 44-3127(D)1) and the bankruptcy trustee's power to avoid preferences under Section 60 of the Bankruptcy Act.2 The provisions collide under circumstances that place the creditor, asserting a perfected...

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