Peoples State Bank v. General Electric Capital Corp.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
DENNIS, Circuit Judge.
In this case, we review decisions by the bankruptcy and district courts resolving the competing claims of two secured creditors, Peoples State Bank (“Peoples State”) and General Electric Capital Corporation (“General Electric”), to proceeds resulting from an auction of non-titled movables 1 formerly owned by a bankrupt corporation, Ark-La-Tex, and its two related juridical persons, Alba Source, L.L.C. and Pearl Equipment Company. We affirm.
General Electric brought this suit in Louisiana state court to recover sums delivered by the auctioneer to Peoples State but…
2Cases cited35 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Butner v. United StatesSupreme Court of the United States · 1979
- New Hampshire v. MaineSupreme Court of the United States · 2001
- Hanna v. PlumerSupreme Court of the United States · 1965
- Semtek International Inc. v. Lockheed Martin Corp.Supreme Court of the United States · 2001
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