JCB, Inc. v. Union Planters Bank, N.A. (In Re MacHinery, Inc.)

DAVID P. McDONALD, Bankruptcy Judge.

MEMORANDUM OPINION

This case is before the Court on JCB’s Motion for Partial Summary Judgment. The dispute in this case is which creditor, JCB or Union Planters, possessed the senior security interest in certain collateral (the “Collateral”) owned by the debtor, Machinery, Inc. (“Machinery”). Because the confirmed plan of reorganization (the “Plan”) preserved JCB’s senior pre-petition purchase money security interest in Debtor’s post-confirmation assets, including the Collateral, the Court will grant JCB’s motion.

JURISDICTION AND VENUE

This Court has…