Georgia-Pacific Corp. v. Lumber Products Co.

LAVENDER, Chief Justice:

Appellee, Georgia-Pacific Corporation (Georgia-Pacific), initiated an action in the District Court seeking to recover a money judgment against Lumber Products Company, a corporation, asking that the corporation be placed in receivership and a receiver be appointed. The trial court ordered the corporation placed in receivership, receiver was appointed, and that receiver directed to give notice to secured creditors to file and prove their respective claims.

Pursuant to that order, three secured creditors, Admiral State Bank (Bank), Georgia-Pacific, and Bond Lumber Company…