Prospect Capital Corporation v. Mutual of Omaha Ba

STEPHEN A. HIGGINSON, Circuit Judge:

' This appeal arises from a declaratory judgment action seeking a declaration as to which party — Prospect Capital Corporation, appellant here, or Mutual Bank of Omaha, appellee — had priority, under Texas law, in certain collateral. In 2008, in litigation unrelated to this case, Prospect obtained a money judgment for approximately $2.3 million against Michael Enmon in federal court in New York. To avoid paying the judgment, Enmon engaged in a series of fraudulent transfers of his assets. His most valuable asset was Texas mineral rights — worth between…