Sweetwater Cattle Company, L.L.C. v. Murphy (In re Leonard)

Leigh Murphy d/b/a Murphy Cattle Company appeals from the Bankruptcy Court’s2 Orders holding that Sweetwater Cattle Company, L.L.C.’s lien in certain cattle is superior to Murphy’s rights as an unpaid seller of the cattle. For the reasons that follow, we AFFIRM,

INTRODUCTION

This is a dispute over the validity and priority of interests in cattle. To summar rize, Leigh Murphy d/b/a Murphy Cattle Company sold cattle to Debtor Charles Leonard, who delivered them to Sweetwa-ter Cattle Company for care and feeding. Sweetwater also financed Leonard’s purchase of the cattle through a line of credit *139it…