Jeanne Barnes Bryant, as Liquidator of Anchorage Fire & Casualty Insurance Company, Petitioner v. United Shortline…

Summary

The Texas Supreme Court affirmed the Court of Appeals, holding that the Tennessee liquidation order does not preclude the Texas interpleader action and that the trial court properly exercised jurisdiction over the disputed funds; the Court also affirmed that the Bank’s intervention and the interpleader were proper and that comity did not require a stay. Justice Baker dissented, arguing that the interpleader falls within the scope of the liquidation order and should be dismissed under full faith and credit.