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HAZEN FIRST STATE BANK v. SPEIGHT

No. 89-1675.

888 F.2d 574 (1989)

HAZEN FIRST STATE BANK, Appellant, v. Phillip SPEIGHT, Small Business Administration, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided November 1, 1989.

Attorney(s) appearing for the Case

Stephen L. Gershner, Little Rock, Ark., for appellant.

Bill Adair, Little Rock, Ark., for appellee.

Before LAY, Chief Judge, HEANEY, Senior Circuit Judge, and BEAM, Circuit Judge.

LAY, Chief Judge.

Hazen First State Bank (Bank) appeals from an order of the district court1 denying their motion for summary judgment and granting the Small Business Administration's (SBA) motion for summary judgment on the Bank's claim for priority status as to the proceeds of the sale of certain farm machinery formerly owned by Phillip Speight. We affirm.

I. Background

This dispute is between two creditors over which...

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