Legal Opinion

Southwest Cattlemen's Credit Corp. v. McCloy (In Re McCloy)

United States Bankruptcy Court, N.D. Texas

Decided March 5, 1997No. 19-40879PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OF OPINION ON VALIDITY AND PRIORITY OF LIENS

JOHN C. AKARD, Bankruptcy Judge.

Southwest Cattlemen’s Credit Corporation (Southwest) brought this adversary proceeding to determine the validity and priority of hens on the farm equipment of the Debtor, Alfred Delbert McCloy (Delbert). Delbert’s father, Willard McCloy (Willard) asserts an Agricultural Landlord’s Lien on the equipment. The court finds that neither has a vahd hen on the equipment. 1

FACTS

Beatrice and Willard McCloy are husband and wife. They have been farming in the Texas Panhandle for many years. They each conduct their own…

2Cases cited8 opinions

  1. In the Matter of Glasco, Inc., D/B/A Elite Boat Company, Bankrupt. Earl T. Brushwood, Trustee v. Citizens Bank of Perry, a Banking CorporationCourt of Appeals for the Fifth Circuit · 1981
  2. In Re Cynthia K. McBee D/B/A Oak Hill Gun Shop, Debtor. National Bank of Texas v. West Texas Wholesale Supply Company v. Republicbank-Austin, Appellee-AppellantCourt of Appeals for the Fifth Circuit · 1983
  3. Ronald J. Sommers v. International Business MacHines and West Publishing Company, DefendantsCourt of Appeals for the Fifth Circuit · 1981
  4. In the Matter of E. A. Fretz Company, Inc., Bankrupt. Republic National Bank of Dallas v. Carl S. Fitzgerald, TrusteeCourt of Appeals for the Fifth Circuit · 1978
  5. In Re HartmanUnited States Bankruptcy Court, N.D. Texas · 1989

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3Cited by1 opinion

  1. Duesterhaus Fertilizer, Inc. v. Capital Crossing Bank (In re Duesterhaus Fertilizer, Inc.)United States Bankruptcy Court, C.D. Illinois · 2006

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