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GWN PETROLEUM CORP. v. OK-TEX OIL & GAS, INC.

No. 92-6054.

998 F.2d 853 (1993)

GWN PETROLEUM CORP., Plaintiff, and Four-O-One Corporation, Plaintiff-Appellant, v. OK-TEX OIL & GAS, INC., Turbo Oil & Gas, Inc., L.D. Cook, Pamela J. Hobbs, First Bank & Trust Company, Defendants, and Federal Deposit Insurance Corporation, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

July 9, 1993.

Attorney(s) appearing for the Case

Richard K. Goodwin, Oklahoma City, OK, for plaintiff-appellant.

Jerome A. Madden, Counsel, FDIC, Washington DC (Michael S. Richie, FDIC, Oklahoma City, OK; Ann S. DuRoss, Asst. Gen. Counsel, and Richard J. Osterman, Sr. Counsel, FDIC, Washington DC, with him on the brief), for defendant-appellee.

Before EBEL, Circuit Judge, McWILLIAMS, Senior Circuit Judge, and OWEN, Senior District Judge.

EBEL, Circuit Judge.

This appeal arises out of a garnishment action instituted by the appellant, Four-O-One Corp. ("Four-O-One"), to recover proceeds from the sale of oil and gas that were paid to the appellee, the Federal Deposit Insurance Corporation ("FDIC"). The district court granted the FDIC's motion for summary judgment, denying Four-O-One relief. We affirm.

FACTS

Both parties accepted, and set forth in their briefs, the description...

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