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UNITED STATES v. WESTSIDE BANK

No. 83-1480 Summary Calendar.

732 F.2d 1258 (1984)

UNITED STATES of America, Plaintiff-Appellee, v. WESTSIDE BANK, et al., Defendants-Appellees, v. O'SULLIVAN INDUSTRIES, INC., Defendant-Appellant, v. Howard HORTON, et al., Intervenors-Appellees.

United States Court of Appeals, Fifth Circuit.

May 29, 1984.

Attorney(s) appearing for the Case

P. Otis Hibler, Richard H. Sommer, San Antonio, Tex., for defendant-appellant.

Edward C. Prado, U.S. Atty., Hugh P. Shovlin, Asst. U.S. Atty., San Antonio, Tex., for U.S.A.

Cox & Smith, R. Laurence Macon, Thomas Arthur Countryman, San Antonio, Tex., for Atari, Inc. and Franco USA.

Kampmann, Church & Burns, Harry J. Burns, San Antonio, Tex., for Westside Bank.

Pat Maloney, George LeGrand, San Antonio, Tex., for Howard Horton.

Joel H. Klein, San Antonio, Tex., for Concept Enterprises, Anixter Bros, Tenna Corp., Roadster Corp., and Aspen Ltd.

Before BROWN, TATE and HIGGINBOTHAM, Circuit Judges.

JOHN R. BROWN, Circuit Judge:

This statutory interpleader brought pursuant to 28 U.S.C. § 1335 was filed by the Small Business Administration (SBA) to determine the proper distribution of proceeds from a foreclosure sale. The fund represents the remaining assets of Texas Electronics Mart, Inc. (TEMI). In distributing the fund, the District Court determined that Westside Bank of San Antonio (Westside) held the only priority claim. The Court thus denied the priority...

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