DURHAM, A.C.J.
This is a receiver's action to recover preferences. The creditor disputed the classification of the transfers as preferences and claimed a valid security interest in the debtor's property. From a judgment in favor of the receiver, holding the debt to be unsecured, the creditor appeals.
Appellant Business Factors, Inc. (BFI) is a Washington corporation whose business it is to provide financing by factoring inventory and accounts receivable. Prior...
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