Floyd v. Internal Revenue Service of United States

LUCERO, Circuit Judge.

Thomas Bridges and his associated companies are in debt to three parties: the Internal Revenue Service (“IRS”), the State of Kansas, and a group of private judgment-creditors, the “Floyd plaintiffs.” These three parties sought judicial resolution of the priority of their claims to the assets of Bridges and his companies. Following a bench trial, the District Court for the District of Kansas held that the IRS claims primed those of the other two parties, and that, as to the remaining assets, Kansas took priority over the Floyd plaintiffs. The district court’s holding was…