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IN RE MATTER OF WEBB

No. 91-1356.

954 F.2d 1102 (1992)

In the Matter of James Thomas WEBB, Sr., and Verda Faye Webb, Debtors. James Thomas WEBB, Sr., and Verda Faye Webb, dba Webb Auto Supply, Appellees, v. RESERVE LIFE INSURANCE COMPANY, Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied April 1, 1992.

Attorney(s) appearing for the Case

Charles M. Walls, R. Byrn Bass, Jr., Harding, Bass, Fargason & Booth, Lubbock, Tex., for appellant.

Robert W. St. Clair, Curry, Curry & Robinson, Lubbock, Tex., for appellees, debtors.

Before GOLDBERG, JOLLY, and WIENER, Circuit Judges

WIENER, Circuit Judge:

In this adversary proceeding arising out of a Chapter 7 bankruptcy, Defendant-Appellant, Reserve Life Insurance Company (Reserve), appeals from a decision of the district court reversing a bankruptcy court holding that a parcel of real property owned by James Thomas Webb, Sr. and Verda Faye Webb, the Debtors, did not constitute a part of their business homestead under Texas law. Finding that the district court did not apply the correct standard...

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