JERRE S. WILLIAMS, Circuit Judge:
Associates Commercial Corporation appeals from a district court judgment holding that under Louisiana law Mitsubishi International Corporation has a valid vendor's privilege on steel pipe sold to Clark Pipe & Supply Co., and that Mitsubishi's privilege primes Associates's chattel mortgage on the same pipe. We affirm the holding of the district court.
I. FACTS
Clark Pipe & Supply Co. was in the business of...
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