Cohen v. Great Guns, Inc. (In Re Sooner Oil & Gas Corp.)

MEMORANDUM OPINION AND ORDER

ROBERT L. BERRY, Bankruptcy Judge.

Statement of the Case

This matter is before the court on motions for partial summary judgment submitted by the defendant, Great Guns, Inc., and the plaintiff, Murray Cohen, trustee in bankruptcy, against the defendant, Citizens National Bank. All three parties herein claim an interest in a certain oil well servicing unit referred to as a perforating truck. Both Great Guns, Inc., and Citizens National Bank claim superior perfected security interests in the truck which are disputed by the trustee.

Facts

On August 13, 1980, the Chevrolet…