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 bank receivership are appealable as final judgments and must be timely appealed. It also affirmed that interest is not payable on creditors' claims under the statutory scheme. The Court reversed the Court of Appeals and affirmed the trial court's denial of interest. Justice Hecht dissented, agreeing with the appealability rule but arguing that interest should be awarded.