INDEPENDENT MTG. BROKERS v. WEST ESPLANADE

No. 8908.

357 So.2d 571 (1978)

INDEPENDENT MORTGAGE BROKERS, INC. v. WEST ESPLANADE CORPORATION.

Court of Appeal of Louisiana, Fourth Circuit.

March 14, 1978.


Attorney(s) appearing for the Case

Edward C. Alker, Metairie, for defendant-appellant.

Roy, Kiesel, Patterson, Hudson & Abadie, Michael A. Patterson, Baton Rouge, for plaintiff-appellee.

Before STOULIG, BEER and GAUDIN, JJ.


BEER, Judge.

This appeal results from judgment enforcing a note issued to plaintiff covering brokerage fee allegedly earned by its having secured a loan commitment in defendant's behalf. Subsequent to delivery of the note, thirty-seven requirements for closing the loan were imposed by the committed lender but never met by defendant, who contends that there was an absence or failure of consideration for the note since the loan was never closed. Alternatively, appellant...

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