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FEDERAL DEPOSIT INS. CORP. v. CASEY

No. 62858.

741 P.2d 463 (1987)

FEDERAL DEPOSIT INSURANCE CORPORATION, Receiver of Penn Square Bank, N.A., a national banking association, Appellee, v. J. Patrick CASEY, an individual, John Carl Wood, an individual, Nancy E. Wood, an individual, Appellants.

Supreme Court of Oklahoma.

July 21, 1987.

Attorney(s) appearing for the Case

Joe E. Edwards and Stephen J. Moriarty, Edwards, Roberts & Propester, Oklahoma City, for appellee.

Mark W. Kuehling, Lamun, Mock, Featherly, Baer & Timberlake, Oklahoma City, for appellants.

SIMMS, Justice.

This appeal presents a single issue: Did the trial court err in denying appellant's motion to release judgment under the provisions of 12 O.S.Supp. 1983, § 706.B,1 on the grounds that the confirmed plan of reorganization approved by a bankruptcy court did not constitute satisfaction of a state court judgment entered against the individual appellants.

I.

In...

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