Legal Opinion

Peoples State Bank v. General Electric Capital Corp.

Court of Appeals for the Fifth Circuit

Decided January 29, 2007No. 06-30105PublishedCited by 10 opinions

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

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Butner v. United StatesSupreme Court of the United States · 1979
  3. New Hampshire v. MaineSupreme Court of the United States · 2001
  4. Hanna v. PlumerSupreme Court of the United States · 1965
  5. Semtek International Inc. v. Lockheed Martin Corp.Supreme Court of the United States · 2001

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3Cited by10 opinions

  1. McLain v. Newhouse Ex Rel. Bankruptcy Estate of McLainCourt of Appeals for the Fifth Circuit · 2008
  2. Save Our Springs (S.O.S) Alliance, Inc. v. WSI (II)-COS, L.L.C.Court of Appeals for the Fifth Circuit · 2011
  3. In Re Save Our Springs (S.O.S.) Alliance, Inc.United States Bankruptcy Court, W.D. Texas · 2008
  4. Artho v. Happy State Bank (In re Artho)United States Bankruptcy Court, N.D. Texas · 2018
  5. B & C Construction & Equipment, LLC v. OvellaDistrict Court, S.D. Mississippi · 2012

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