OPINION
RALPH M. FREEMAN, District Judge.
The Matsushita Electric Corporation of America (Panasonic) is before this Court seeking review of an order of the Bankruptcy Court which denied Panasonic's right to recover certain merchandise sold and delivered on credit to Federal's, Inc., as against the claim of Federal's receiver. The goods in question were delivered to Federal's just prior to the filing of its Chapter XI petition for an arrangement with creditors...
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