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IN RE HILYARD DRILLING CO., INC.

No. 86-1056.

74 B.R. 125 (1986)

In re HILYARD DRILLING CO., INC., Debtor. WORTHEN BANK & TRUST COMPANY, N.A., Appellee, v. NATIONAL BANK OF COMMERCE OF EL DORADO, ARKANSAS, and Hilyard Drilling Co., Inc., Appellants.

United States District Court, W.D. Arkansas, El Dorado Division.

December 15, 1986.

Attorney(s) appearing for the Case

Charles W. Baker and R. Davis Thomas, Jr., Rose Law Firm, Little Rock, Ark., for appellee.

William I. Prewett, Compton, Prewett, Thomas & Hickey, El Dorado, Ark., for appellants.

MEMORANDUM OPINION

OREN HARRIS, Senior District Judge.

This appeal arises from a final Judgment entered by the Bankruptcy Court1 in favor of Worthen Bank & Trust Company (Worthen), in a core proceeding under 28 U.S.C. § 157(b)(2)(K), and against National Bank of Commerce (NBC) on the issue of the priorities of certain perfected security interests held by the two banks in accounts receivable of the debtor, Hilyard Drilling...

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