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BARD v. CHARLES R. MYERS INS. AGENCY, INC.

No. D-1364.

839 S.W.2d 791 (1992)

David T. BARD, Commissioner of Banking and Insurance of the State of Vermont, and/or his Successor in Office, as Liquidator/Receiver for Ambassador Insurance Company, Inc., Petitioner, v. CHARLES R. MYERS INSURANCE AGENCY, INC. and Charles R. Myers, Individually and as President of Charles R. Myers Insurance Agency, Inc., Respondents.

Supreme Court of Texas.

October 14, 1992.

Attorney(s) appearing for the Case

Robert M. Smith, San Antonio, Susan Z. Haller, Washington, D.C., Charles Herring, Jr., Austin, Richard B. Whitney, Cleveland, Ohio, J. Camille Glasscock, San Antonio, for petitioner.

Laura Cavaretta, Gilbert Lang Mathews, G. Thomas Coghlan, San Antonio, for respondents.

OPINION

COOK, Justice.

The case presents the question whether the Texas trial court below was required to give full faith and credit to an order issued by a Vermont receivership court. We hold that the court was required to honor the Vermont order. Therefore, we reverse the judgment of the court of appeals, 811 S.W.2d 251, and remand the cause to the trial court with orders to dismiss respondents' counterclaim without...

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