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IN RE PETTIT OIL CO.

BAP No. WW-16-1424-KuFB Bk. No. 3:13-bk-47285-PBS Adv. No. 3:14-ap-04222-PBS.

575 B.R. 905 (2017)

IN RE: PETTIT OIL COMPANY, Debtor. IPC (USA), Inc., Appellant, v. Kathryn A. Ellis, Chapter 7 Trustee, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Filed October 23, 2017.

Attorney(s) appearing for the Case

Edwin K. Sato of Bucknell Stehlik Sato & Orth, LLP, argued for appellant, IPC (USA), Inc.; Andrew H. Morton of Foster Pepper PLLC argued for appellee, Kathryn A. Ellis, Chapter 7 Trustee.

Before: KURTZ, FARIS, and BRAND, Bankruptcy Judges.

OPINION

Kathryn A. Ellis, chapter 71 trustee (Trustee), filed an adversary complaint against appellant, IPC (USA), Inc. (IPC), seeking to avoid under § 544(a)(1), IPC's unperfected security interest in consigned fuel inventory, accounts receivable (A/R), and cash (Cash) all of...

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