FEDERAL S. & L. INS. CORP. v. KENNEDY

No. 01-86-0472-CV.

732 S.W.2d 1 (1986)

FEDERAL SAVINGS AND LOAN INSURANCE CORP., Receiver for Mainland Savings Association, Appellant, v. Don M. KENNEDY, Appellee.

Court of Appeals of Texas, Houston (1st Dist.).

Rehearing Denied June 18, 1987.


Attorney(s) appearing for the Case

Taylor M. Hicks, J. Scott Carothers, Houston (O. Clayton Lilienstern, Andrews & Kurth, Houston, Harry W. Quillian, Acting Gen. Counsel, Paul W. Grace, David G. Eisenstein, Office of General Counsel Federal Home Loan Bank Board, Washington, D.C., of counsel), for appellant.

Dana G. Kirk, Kyle R. Sears, Kirk & Carrigan, Houston, for appellee.

Before EVANS, C.J., and JACK SMITH and WARREN, JJ.


OPINION

JACK SMITH, Justice.

The threshold question in this case is whether the appointment of Federal Savings & Loan Insurance Corporation (FSLIC) as receiver for the defendant, Mainland Savings Association, after the entry of judgment against Mainland Savings but during the period while the trial court still retained plenary control over the case, gave FSLIC the exclusive power and authority to readjudicate the issues determined by the judgment. We...

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