MATTER OF FIRST RIVER ENERGY, L.L.C.

No. 19-50646.

986 F.3d 914 (2021)

In the MATTER OF: FIRST RIVER ENERGY, L.L.C., Debtor. Deutsche Bank Trust Company Americas, Agent; First River Energy, L.L.C., Appellees-Cross-Appellants v. U.S. Energy Development Corporation; Ageron Energy, L.L.C.; Petroedge Energy IV, L.L.C.; Teal Natural Resources, L.L.C.; Crimson Energy Partners IV, L.L.C.; Viceroy Petroleum, L.P.; RLU Operating, L.L.C.; Dewbre Petroleum Corporation; Jerry C. Dewbre; American Shoreline, Incorporated; Texpata Pipeline Company; Aurora Resources Corporation; AWP Operating Company; Texron Operating L.L.C.; Magnum Producing, L.P.; Magnum Engineering Company; Magnum Operating, L.L.C.; Rock Resources Incorporated; Killam Oil Company, Limited; Energy Reserves Group, L.L.C., Appellants Cross-Appellees.

United States Court of Appeals, Fifth Circuit.

FILED February 3, 2021.


Attorney(s) appearing for the Case

Toby L. Gerber, Esq. , Michael M. Parker , Steve Arthur Peirce , Norton Rose Fulbright US, L.L.P., San Antonio, TX, for Appellee Cross-Appellant Deutsche Bank Trust Company Americas, Agent.

David W. Parham, Esq. , Akerman, L.L.P., Dallas, TX, John Eugene Mitchell , Katten Muchin Rosenman, L.L.P., Chicago, IL, for Appellee Cross-Appellant First River Energy, L.L.C.

Mark Curtis Taylor , Waller Lansden Dortch & Davis, L.L.P., Austin, TX, Patrick Holder Autry , Branscomb, P.L.L.C., William Brand Kingman , Law Offices of William B. Kingman, P.C., San Antonio, TX, for Appellants Cross-Appellees.

Before JOLLY, JONES, and ENGELHARDT, Circuit Judges.


Appellants, comprising a number of Texas and Oklahoma oil and gas producers, challenge the bankruptcy court's grant, in part, and denial, in part, of Deutsche Bank's motion for partial summary judgment in this lien priority dispute. The allegedly competing security interests arose in proceeds from the sale of oil that...

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