I use color-coded clips on my timeline (color edited from the Bin Edit menu)
When more than 1 effect is applied to a segment (e.g. BCC Uprez & Avid CC), it reverts to the default color, but also the name of the clip disappears (clip text)....
The assigned color and all the clip text is visible only on the top nested clip when double-clicking the segment...
Rationale ?