Orix Credit Alliance, Inc. v. Bank of Tuscaloosa (In Re Brookwood Sand & Gravel, Inc.)

MEMORANDUM OF DECISION

GEORGE S. WRIGHT, Chief Judge.

This matter came before the court on cross-motions for summary judgment filed by ORIX Credit Alliance, Inc. (plaintiff) and Bank of Tuscaloosa (defendant). Each party requests the court to find its interest in the property at issue to be superior to the other party’s interest and to resolve the priority dispute in its favor. The court has reviewed the briefs, supporting materials, and evidence in the context of applicable law and finds the security interest of ORIX Credit Alliance to be superior. Therefore, the relief sought in ORIX Credit…