In re Shiflet
District Court, E.D. Arkansas
1Opinion of the Court
GORDON E. YOUNG, District Judge.
This petition for review in bankruptcy is brought by Universal C.I.T. Credit Corporation from an order of the Referee holding that the lien obtained by the Trustee under 11 U.S.C.A. § 110, sub. c was superior to the conditional sales contract held by the petitioner. Since the facts are not in issue, only an issue of law is presented with respect to priority of liens.
The facts show that the automobile on which the lien is claimed, when new, was sold to one Ted Johnson, who mortgaged the same to Universal C.I.T. Credit Corporation for $3,116.88. On April 6, 1964,…
2Cases cited1 opinion
- Dick Conway Motors, Inc. v. Caldwell-Douglass Co.Supreme Court of Arkansas · 1961
3Cited by1 opinion
- Commercial Credit Corp. v. Associates Discount Corp.Supreme Court of Arkansas · 1969