DISCLAIMER:  The following unofficial case summaries are prepared by the clerk's office
                        as a courtesy to the reader. They are not part of the opinion of the court.
151967P.pdf   09/20/2016  Stearns Bank National Assoc.  v.  Amegy Bank National Assoc.
   U.S. Court of Appeals Case No:  15-1967
   U.S. District Court for the Eastern District of Missouri - St. Louis    
   [PUBLISHED] [Shepherd, Author, with Wollman and Benton, Circuit Judges] 
   Civil case - Interpleader Action. Under Texas law, Stearns Bank's 
   foreclosure did not extinguish its rights to pursue proceeds of its 
   original collateral; while Stearns did not have an interest in the 
   settlement payment its debtor received as part of the settlement of the 
   genetically-modified rice litigation as an after-acquired general 
   intangible,it does have an interest in the payment to the extent the 
   payment is for damages to the original collateral; on remand, the district 
   court should determine what part of the sum held in its registry 
   constitutes proceeds of Stearn's original collateral; reversed and 
   remanded for further proceedings.