Bank of Western Massachusetts v. CPF Premium Funding, Inc. (In Re National Reserve Corp.)

MEMORANDUM OF DECISION

HENRY J. BOROFF, Bankruptcy Judge.

Before the Court for determination are cross motions for summary judgment filed by The Bank of Western Massachusetts (“Plaintiff’ or the “Bank”) and CPF Premium Funding, Inc. (“Defendant” or “CPF”) relative to a complaint to determine the validity, priority, or extent of a Hen or other interest in property. Through its complaint, the Bank seeks to estabhsh that it has a perfected first priority security interest in certain refunded insurance premiums. The foUow-ing constitute findings of fact and conclusions of law, pursuant to…