Reliance Insurance Company, Counter-Defendant v. Capital Bancshares, Inc./capital Bank, Counter-Plaintiff, Sunbelt Bancorp/sunbelt Savings Association of Texas, Counter-Plaintiff v. International Insurance Company, Counter-Defendant

912 F.2d 756

RELIANCE INSURANCE COMPANY, Plaintiff, Counter-Defendant, Appellee,

v.

CAPITAL BANCSHARES, INC./CAPITAL BANK, Defendant,

Counter-Plaintiff, Appellant.

SUNBELT BANCORP/SUNBELT SAVINGS ASSOCIATION OF TEXAS,

Defendant, Counter-Plaintiff, Appellant,

v.

INTERNATIONAL INSURANCE COMPANY, Counter-Defendant, Appellee.

No. 88-1176.

United States Court of Appeals,

Fifth Circuit.

Sept. 7, 1990.

Rehearing Denied Oct. 11, 1990.

William Michael Byrd, Jr., Patricia A. Nolan, Clarice M. Davis, Kathleen J. St. John, Akin, Gump, Strauss, Hauer & Feld, Dallas, Tex., for Capital Bancshares/Capital Bank.

Nina…