Sunflower Compress v. Julien Co. (In Re Julien Co.)

MEMORANDUM OPINION AND ORDER ON CROSS MOTIONS FOR PARTIAL SUMMARY JUDGMENT

WILLIAM H. BROWN, Bankruptcy Judge.

These proceedings 1 are before the court on cross motions for partial summary judgment filed by the above named parties to these adversary proceedings. At issue is whether the plaintiff-warehousemen (“plaintiffs”) hold general liens on the proceeds of cotton which was in their possession at the time The Julien Company’s (“debtor”) bankruptcy petition was filed. The following constitutes findings of fact and conclusions of law pursuant to F.R.B.P. 7052 and 7056.

The record reflects that…