MEMORANDUM
COBB, District Judge.
The issue before the court is whether intervenor, Mann Trust, has stated a non-derivative claim for which relief may properly be granted. Put another way, does Texas law give Mann Trust, as a minority shareholder in Chester State Bank, a direct cause of action against each defendant?
BACKGROUND
On November 22, 1985, the Chester State Bank failed, and the F.D.I.C., as receiver (F.D.I.C., Receiver) took control...
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