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INTERBUSINESS BANK v. FIRST NAT. BANK OF MIFFLIN.

Civil Action No. 1:03-CV-2272.

318 F.Supp.2d 230 (2004)

INTERBUSINESS BANK, N.A., Plaintiff v. FIRST NATIONAL BANK OF MIFFLINTOWN, Defendant, v. Allied Capital Corporation, et al., Third-Party Defendants.

United States District Court, M.D. Pennsylvania.

April 21, 2004.

Attorney(s) appearing for the Case

Nedric L. Nissly, Debra P. Fourlas, McNees, Wallace & Nurick LLC, Harrisburg, PA, for Plaintiff.

Heather Z. Kelly, Thomas A. French, Rhoads & Simon, LLP, Harrisburg, PA, for Defendant.

Joseph P. Connor, III, Connor, Weber & Oberlies, P.C., Paoli, PA, Brian William Bisignani, Jennifer L. Murphy, Duane Morris LLP, Harrisburg, PA, for Third Party Defendant.

MEMORANDUM

CONNER, District Judge.

Presently before the court in this Uniform Commercial Code ("U.C.C.") case are several dispositive motions in which the parties seek recognition of their respective security interests in certain collateral of a common debtor as superior to others. Plaintiff, InterBusiness Bank, N.A. ("InterBusiness"), contends that defendant, First National Bank of Mifflintown ("First National"), lacked a valid interest in the "inventory...

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