SOUTHMARK CORP. v. LIFE INVESTORS, INC.

No. 87-1353.

851 F.2d 763 (1988)

SOUTHMARK CORPORATION, Plaintiff-Appellant, v. LIFE INVESTORS, INC., and USLICO Corporation, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

August 11, 1988.


Attorney(s) appearing for the Case

Charles L. Babcock, Jack Pew, Jr., Jackson, Walker, Winstead, Cantwell & Miller, Dallas, Tex., for plaintiff-appellant.

David Klingsberg, Kaye, Scholer, Fierman, Hays & Handler, Mark R. Weiss, New York City, Hughes & Luce, Eric R. Cromartie, Dallas, Tex., for Life Investors, Inc.

Robert E. Gerber, Debra M. Torres, Fried, Frank, Harris, Shriver & Jacobson, New York City, Morris Harrell, Timothy W. Mountz, Rain, Harrell, Emery, Young & Doke, Dallas, Tex., for USLICO Corp.

Before GARWOOD and JONES, Circuit Judges, and BLACK, District Judge.


GARWOOD, Circuit Judge:

In this Texas diversity case, plaintiff-appellant Southmark Corporation (Southmark) appeals the district court's summary judgment that Southmark take nothing against defendant-appellee Life Investors, Inc. (Life) and its dismissal of Southmark's suit against USLICO Corporation (USLICO). We affirm in all respects, except that the wording of the judgment of dismissal of the action against USLICO is modified to reflect that it is a dismissal for...

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