Farm Credit Bank of Texas v. Snyder National Bank

OPINION

ARNOT, Justice.

Farm Credit Bank of Texas (Farm Credit) appeals a summary judgment which held that the lien of Snyder National Bank (Snyder) was superior to the interest of Farm Credit in the debtors’ property. Farm Credit also appeals the trial court’s ruling that it did not have standing to challenge the attorney’s fees awarded to Snyder's counsel. We affirm in part, and we reverse and remand in part.

Parks-Walker Cattle Company, Inc. and Parks-Walker Land & Livestock Company, the debtors, filed for protection under the Bankruptcy Act, Title 11 of the United States Code. The debtors…