STILLWATER BANK v. CIT GROUP/EQUIP. FIN.

Nos. 03-5087, 03-5088, 03-5123, 03-5136.

383 F.3d 1148 (2004)

STILLWATER NATIONAL BANK AND TRUST COMPANY, a national banking association, Plaintiff-Appellant/Cross-Appellee, v. CIT GROUP/EQUIPMENT FINANCING, INC., a New York corporation, Defendant-Appellee/Cross-Appellant.

United States Court of Appeals, Tenth Circuit.

September 13, 2004.


Attorney(s) appearing for the Case

Bryan J. Wells and Jared D. Giddens of Conner & Winters, Oklahoma City, OK, for Plaintiff-Appellant/Cross-Appellee.

R. Tom Hillis (Barry G. Reynolds and Kelley Gilbert Loud with him on the briefs) of Titus, Hillis & Reynolds, PC, Tulsa, OK, for Defendant-Appellee/Cross-Appellant.

Before MURPHY, McKAY, and TYMKOVICH, Circuit Judges.


McKAY, Circuit Judge.

This appeal involves a dispute between Plaintiff-Appellant Stillwater National Bank and Trust Company ("Stillwater") and Defendant-Appellee CIT Group/Equipment Financing, Inc. ("CIT") with respect to the proceeds from the sale of certain equipment ("Subject Equipment") once owned by non-party Sabre International, Inc. ("Sabre"). Since 1996, Stillwater has had a blanket lien over all of Sabre's inventory and equipment due to a series of secured...

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