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CBI v. DEPT. OF ENVIRONMENTAL MANAGEMENT

1030409.

893 So.2d 1142 (2004)

CHILDERSBURG BANCORPORATION, INC. v. ALABAMA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT.

Supreme Court of Alabama.

June 18, 2004.

Attorney(s) appearing for the Case

Thomas R. Elliott, Jr., Paige Elliott-Pinson, and J. Michael Keel of London & Yancey, L.L.C., Birmingham, for appellant.

Richard F. Allen, acting atty. gen., and Scott L. Rouse, asst. atty. gen.; and Rebecca E. Patty, asst. atty. gen., Alabama Department of Environmental Management, for appellee.

HOUSTON, Justice.

Childersburg Bancorporation, Inc. ("CBI"), appeals from a summary judgment in favor of the Alabama Department of Environmental Management ("ADEM") on ADEM's claim that it is entitled to the disputed funds interpleaded in this action. We affirm.

I. Facts and Procedural History

In 1985, the First National Bank of Childersburg ("FNBC") issued an irrevocable letter of credit on behalf of Alabama Plating, Inc. ("Alabama Plating...

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