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What is Bankruptcy Priority Dispute: FCA vs. HMC about?

This case involves a dispute over which secured party had priority interest in a bookbinding machine after the debtor filed for bankruptcy. Finance Company of America (FCA) and Hans Mueller Corporation (HMC) both claimed security interests in the machine. The referee ruled in favor of FCA, but the district court ruled for HMC. This court must decide whether the district court erred in its reasoning.

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Scribd Government Docs

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EN