Legal Opinion
Liberty National Bank & Trust Company of Oklahoma City v. Kaibab Industries, Inc.
Supreme Court of Oklahoma
Decided December 19, 1978No. 49017PublishedCited by 8 opinions
1Opinion of the Court
LAVENDER, Vice Chief Justice:
The Liberty National Bank & Trust Company of Oklahoma City (lender) was the interim construction lender on an apartment complex at Sapulpa, Oklahoma. Principal documentation consisted of promissory note, real estate mortgage covering the project, and a loan agreement. Lender sought to foreclose its mortgage lien. Trial court entered judgment determining lender’s mortgage lien to be superior to materi-almen’s liens. Those materialmen’s lien claimants appeal (lien claimants). 1
Lien claimants argue the mortgage lien priority fails as to them for (1) construction…
2Cases cited13 opinions
- National Bank v. Equity InvestorsWashington Supreme Court · 1973
- American-First Title & Trust Company v. EwingSupreme Court of Oklahoma · 1965
- Apex Siding & Roofing Co. v. First Federal Savings & Loan Ass'n of ShawneeSupreme Court of Oklahoma · 1956
- Palmer v. Crews Lumber Co., Inc.Supreme Court of Oklahoma · 1973
- Gray v. GraySupreme Court of Oklahoma · 1969
8 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- First Mustang State Bank v. Garland Bloodworth, Inc.Supreme Court of Oklahoma · 1992
- Figgie Acceptance Corp. v. Abatement Systems, Inc. (In Re 5000 Skelly Corp.)United States Bankruptcy Court, N.D. Oklahoma · 1992
- Wooden v. First Security Bank of IdahoIdaho Supreme Court · 1991
- Baker Hughes Oilfield Operations, Inc. v. Union Bank of California, N.A. (In Re Cornerstone E & P Co.)United States Bankruptcy Court, N.D. Texas · 2010
- Baker Hughes Oilfield Operations, Inc. v. Union Bank of California, N.A. (In Re Cornerstone E & P Co.)United States Bankruptcy Court, N.D. Texas · 2010
3 more not listed; retrieve them via the Exa API.