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TEX. COMMERCE BANK NAT. ASS'N v. NAT. ROYALTY CORP.

No. 86-2037.

799 F.2d 1081 (1986)

TEXAS COMMERCE BANK NATIONAL ASSOCIATION, Plaintiff-Appellant, v. NATIONAL ROYALTY CORPORATION, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied October 24, 1986.

Attorney(s) appearing for the Case

Liddell, Sapp, Zivley, Brown & LaBoon, D. Mitchell McFarland, Kem Thompson, Houston, Tex., for plaintiff-appellant.

Fulbright & Jaworski, Stephen C. Ascher, Houston, Tex., for defendant-appellee.

Before GEE and HILL, Circuit Judges, and HUNTER, District Judge.

GEE, Circuit Judge:

Texas Commerce Bank appeals from the district court's order of judgment for the defendant National Royalty Corporation after a bench trial. We affirm.

This dispute pits two lenders, Texas Commerce Bank National Association (TCB) and National Royalty Corporation (NRC), against each other over an assignment made in connection with loans to Lewis Energy Corporation, an oil and gas exploration company that fell victim to the drop in the energy...

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