POSNER, Circuit Judge.
This case involves a dispute between two creditors of the bankrupt Vic Supply Company. Bank One had a security agreement with Vic, covering all of Vic's assets. Falconbridge sold Vic nickel for resale, acquiring a purchase money security interest covering the proceeds of the resale. The bankruptcy court, seconded by the district court, to which Falconbridge had appealed, ruled that Bank One's security interest was prior to Falconbridge's under...
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