Holt Texas, Ltd. v. Zayler (In Re T.S.C. Seiber Services, L.C.)
Court of Appeals for the Fifth Circuit
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
Holt Texas, Ltd. (“Holt”) and Trans-america Underground Limited (“TAUG”), subcontractors of the bankrupt T.S.C. Seiber (“Seiber”), appeal the September 24, 2013, district court judgment affirming a prior bankruptcy court order. The district court held that funds of an interpleader action, filed by EnCana Oil & Gas (USA) Inc. (“EnCana”), were property not of EnCana, but property of the bankruptcy estate of Seiber because the interpleader action extinguished the earlier construction liens of Holt and TAUG. Thus, on appeal they challenge the district and bankruptcy…
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