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DISPUTES ABOUT THE SENIORITY OF COLLATERAL CAN BE COMPLEX

... property. • The conclusions of the court of first instance, in fact, relate to giving preference to satisfying the claims of collateral creditors, including the seniority of collateral, as well as the collateral status of the bank's claims against the debtor in respect of the same property. The judicial Board of the district court believes that the bank's cassation appeal is subject to satisfaction in terms of excluding from the reasoning part of the ruling of the court of first instance the conclusions contained in the last paragraph ...

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