Legal Opinion
Southmark Corporation v. Life Investors, Inc., and Uslico Corporation
Court of Appeals for the Fifth Circuit
Decided August 11, 1988No. 87-1353PublishedCited by 117 opinions
1Opinion of the Court
GARWOOD, Circuit Judge:
In this Texas diversity case, plaintiff-appellant Southmark Corporation (South-mark) appeals the district court’s summary judgment that Southmark take nothing against defendant-appellee Life Investors, Inc. (Life) and its dismissal of Southmark’s suit against USLICO Corporation (USLI-CO). We affirm in all respects, except that the wording of the judgment of dismissal of the action against USLICO is modified to reflect that it is a dismissal for lack of in personam jurisdiction.
Facts and Proceedings Below
Prior to the transactions that gave rise to this suit, Life 1 and…
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