Eurobank v. Westernbank Puerto Rico (In Re Deckers Construction, Inc.)

OPINION AND ORDER

MILDRED CABAN FLORES, Bankruptcy Judge.

The controversy before the Court revolves around competing security interests in accounts receivable of the Debtor, Deckers Construction, Inc. (hereafter referred to as “Debtor” or “Deckers”). Plaintiff, Eurobank, now Oriental Bank (hereafter referenced to as “Eurobank”), asserts that it has a super priority interest over Defendant, Westernbank Puerto Rico, now Banco Popular de Puerto Rico (hereafter referenced to as “Western-bank”), in the accounts receivable of Deck-ers even though Westernbank’s security interest was recorded prior to…