Case Name: FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for MBank Houston-National Association, Appellant, v. GOLDEN IMPORTS, INC. and Michael J. Montalbano, Appellees
Court: Texas Courts of Appeals
Jurisdiction: Texas
Decision Date: 1993-08-12
Citations: 859 S.W.2d 635
Docket Number: No. 01-88-00307-CV
Parties: FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for MBank Houston-National Association, Appellant, v. GOLDEN IMPORTS, INC. and Michael J. Montalbano, Appellees.
Judges: Before DUGGAN, O'CONNOR and HEDGES, JJ.
Reporter: South Western Reporter Second Series
Volume: 859
Pages: 635–648

Head Matter:
FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for MBank Houston-National Association, Appellant, v. GOLDEN IMPORTS, INC. and Michael J. Montalbano, Appellees.
No. 01-88-00307-CV.
Court of Appeals of Texas, Houston (1st Dist.).
Aug. 12, 1993.
David Speed Elder, Susan L. Bickley, Houston, for appellant.
James R. Ansell, Galveston, Otto D. Hewitt, III, Evelyn T. Ailts, William T. Green, Houston, for appellees.
Before DUGGAN, O'CONNOR and HEDGES, JJ.
The Honorable Frank G. Evans, former Chief Justice, Court of Appeals, First District of Texas at Houston, participated in the original opinion and the January 31, 1991, opinion on motion for rehearing. Chief Justice Evans retired on January 31, 1991, and did not participate in the October 10, 1991, opinion on motion for rehearing, or in this opinion. Justice Hedges participated in the third motion for rehearing, on April 27, 1993.

Opinion:
OPINION ON MOTION FOR REHEARING
DUGGAN, Justice.
This is an appeal from a judgment against MBank in a suit for conversion. We withdraw our opinion of October 10, 1991, and substitute this opinion in its place.
Motion for Substitution
MBank Houston National Association (MBank) had already perfected its appeal from the trial court's final judgment, when, on March 28, 1989, it was declared insolvent and the Federal Deposit Insurance Corporation (FDIC) was appointed as receiver. On June 7, 1989, the FDIC moved for leave to substitute the FDIC as receiver for appellant, MBank; we granted that motion in our original opinion in this cause, issued on December 21, 1989, and the caption of the cause was amended to reflect the substitution. In the interest of clarity, however, references to "appellant" will mean MBank, unless otherwise indicated. The clerk has filed the briefs of the FDIC.
. Also known as Gessner Southwest Bank & Trust and Capital Bank-Gessner.