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KANSA REINSURANCE, CO. v. CONGRESSIONAL MORTG. CORP.

No. 93-1109.

20 F.3d 1362 (1994)

KANSA REINSURANCE COMPANY, LTD., Plaintiff-Counter Defendant-Appellant, v. CONGRESSIONAL MORTGAGE CORPORATION OF TEXAS, et al., Defendants. UNITED POSTAL SAVINGS & LOAN ASSN., Defendant-Cross Plaintiff Appellant, v. STEWART TITLE COMPANY and Stewart Title Guaranty Company, Defendants-Counter-Plaintiffs-Cross-Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

May 24, 1994.

Attorney(s) appearing for the Case

Elizabeth E. Mack, Raymond E. LaDriere, II, Locke, Purnell, Rain, Harrell, P.C., Dallas, TX, for United Postal Sav. & Loan Assn.

William L. Kirkman, Elizabeth F. Rogers, Bourland & Kirkman, Fort Worth, TX, for KANSA.

John Pierce Griffin, Robert Davis Hemphill, Jr., Nichols, Jackson, Kirk & Dillard, Dallas, TX, for appellees.

Before POLITZ, Chief Judge, KING and GARWOOD, Circuit Judges.

KING, Circuit Judge:

Appellants Kansa Reinsurance Company, Ltd. ("Kansa") and United Postal Savings & Loan Association ("United Postal") appeal from the district court's summary adjudication of their claims against defendants Stewart Title Company and Stewart Title Guaranty Company (together referred to as "Stewart"). Finding no error, we affirm.

I. Background

A. The Scheme

In early 1983, a developer known as Tectonic Realty and its...

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