PETERSON, J.
Priority of interest in Florida Alcoholic Beverage License No. 74-475 COP, Audit Number 28264 (License) is contested in this appeal. The trial court awarded the License to appellee, Lomar, Inc. (Lomar), the owner of the premises on which a cocktail lounge utilizing the License is located, instead of to appellant, a trust (Lachance Trust), that had a security interest in the License to secure an indebtedness of $50,000.
When Lomar, the original...
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