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IN RE ARK-LA-TEX TIMBER CO., INC.

No. 06-30105.

482 F.3d 319 (2007)

In the Matter of: ARK-LA-TEX TIMBER CO., INC., Debtor. Peoples State Bank, Appellant, v. General Electric Capital Corp.; Ark-La-Tex Timber Co., Inc.; and John Clifton Conine, Appellees.

United States Court of Appeals, Fifth Circuit.

March 15, 2007.

Attorney(s) appearing for the Case

Edward Keith Carter (argued), Rogers & Hearne, Shreveport, LA, for Peoples State Bank.

Alexander Terras (argued), Timothy Harris, DLA Piper Rudnick Gray Cary, Chicago, IL, Bernard S. Johnson, Cook, Yancey, King & Galloway, Shreveport, LA, for General Elec. Capital Corp.

John Clifton Conine, Luster & Conine, Natchitoches, LA, pro se.

Before GARWOOD, DENNIS and OWEN, Circuit Judges.

DENNIS, Circuit Judge:

In this case, we review decisions by the bankruptcy and district courts resolving the competing claims of two secured creditors, Peoples State Bank ("Peoples State") and General Electric Capital Corporation ("General Electric"), to proceeds resulting from an auction of non-titled movables1 formerly owned by a bankrupt corporation, Ark-La-Tex, and its two related juridical persons, Alba Source, L.L.C. and Pearl Equipment...

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