MEMORANDUM OPINION
MERRITT S. DEITZ, Jr., Bankruptcy Judge.
This well-aged adversary proceeding presents the court with a number of complex issues of state and federal law in the context of a simple lien priority dispute. Before venturing into the thicket of legal questions, however, we will review the stipulated facts of the controversy.
At all times relevant to this dispute, the plaintiff, Allis-Chalmers (AC), had a "floor plan" financing agreement...
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