Rex M. Huston v. Federal Deposit Insurance Corporation in Its Capacity as Receiver, Respondent

Summary

The Texas Supreme Court held that trial‑court orders resolving discrete issues in a state‑bank receivership are final judgments and therefore appealable, and affirmed the trial court's denial of interest on the FDIC's claim because the statutory scheme is silent on interest. The Court reversed the Court of Appeals and affirmed the trial court. Justice Hecht dissented, arguing that interest should be payable to the FDIC and that the majority misapplied equitable principles.