Legal Opinion

In Re Crabtree

United States Bankruptcy Court, W.D. Oklahoma

Decided April 3, 1989No. 19-10382PublishedCited by 1 opinion

1Opinion of the Court

ORDER ALLOWING TRUSTEE TO SELL REAL PROPERTY AND OIL AND GAS INTERESTS AND PROVIDING FOR EQUITABLE DISTRIBUTION OF PROCEEDS FROM SALE OF COLLATERAL

JOHN TeSELLE, Bankruptcy Judge.

BACKGROUND FACTS

Debtors are indebted to City Bank and Trust (hereinafter “City Bank”) pursuant to a pre-bankruptcy obligation secured by 1) a security interest in securities; 2) a mortgage on oil and gas interests; and 3) a mortgage on real property encompassing Debtors’ principal residence (hereinafter collectively referred to as the “Collateral”). City Bank’s indebtedness is oversecured, and its security interest…

2Cases cited7 opinions

  1. Meyer v. United StatesSupreme Court of the United States · 1963
  2. Farmers & Merchants Bank v. GibsonUnited States Bankruptcy Court, N.D. Florida · 1980
  3. Sims v. McFaddenSupreme Court of Arkansas · 1950
  4. Peacock v. GibsonDistrict Court, N.D. Florida · 1981
  5. Genova v. Chavez (In Re Chavez)United States Bankruptcy Court, D. Colorado · 1983

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3Cited by1 opinion

  1. In Re HughesUnited States Bankruptcy Court, D. South Dakota · 1999

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