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LAND AND OFFSHORE CO. v. MARTIN

No. 84-418.

469 So.2d 1177 (1985)

The LAND AND OFFSHORE COMPANY, Plaintiff-Appellee, v. James MARTIN, et al., Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

May 15, 1985.

Attorney(s) appearing for the Case

Onebane, Donohoe, Bernard, Torian, Diaz, McNamara & Abell, John G. Torian, II, Lafayette, Edwards, Stefanski and Barousse, Russell K. Zaunbrecher, Crowley, for defendant-appellant.

Perrin, Landry, deLaunay and Durand by Gerald C. deLaunay, Lafayette, for plaintiff-appellee.

Mouton, Roy, Carmouche, Bivins, Judice & Henke, John A. Bivins, Lafayette, for defendant-appellee.

D. Rex English, Lafayette, for defendant-appellee-appellant.

Before GUIDRY, FORET and KNOLL, JJ.

FORET, Judge.

This is a suit for breach of contractual warranties and obligations. Pursuant to the sale of their stock in The Land and Offshore Company to plaintiff, LOC, defendants, F.W. Chapman, III; H.C. Harris, Jr.; James H. Martin; and Percy Lormand, Sr., executed written agreements on August 25, 1981 and September 11, 1981. In these agreements, defendants undertook certain obligations, extended a number of contractual warranties to LOC, and agreed to indemnify...

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