CELLES ENTERPRISES v. PEOPLES BANK & TRUST

No. 83-C-0481.

437 So.2d 1114 (1983)

CELLES ENTERPRISES v. PEOPLES BANK AND TRUST COMPANY.

Supreme Court of Louisiana.

Rehearing Denied October 7, 1983.


Attorney(s) appearing for the Case

Daniel T. Murchison, William P. Crews, Jr., Watson, Murchison, Crews, Arthur & Corkern, Natchitoches, for applicant.

Michael H. Rubin, Sanders, Downing, Kean & Cazedessus, Baton Rouge, Edwin Dunahoe, Thomas, Dunahoe & Gregory, Natchitoches, for respondents.


DENNIS, Justice.

This case involves a suit for damages arising from the breach of an alleged oral contract by a bank to refrain from the enforcement of a debt secured by a mortgage on an immovable. After a judge trial, the district court awarded damages to plaintiffs, finding that the creditor bank had wrongfully foreclosed on the mortgage despite its oral promise to plaintiffs, for valid consideration, to forbear for three years, and awarded damages. The court of...

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