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SEAFIRST COMMERCIAL CORP. v. U.S. FIDELITY & GUAR.

No. 84-3729.

780 F.2d 1290 (1986)

SEAFIRST COMMERCIAL CORPORATION, Plaintiff-Appellant, v. UNITED STATES FIDELITY AND GUARANTY COMPANY, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

January 24, 1986.

Attorney(s) appearing for the Case

Adams & Reese, John M. Duck, New Orleans, La., for plaintiff-appellant.

Bienvenu, Foster, Ryan & O'Bannon, Leonard A. Young, Franklin H. Jones, III, New Orleans, La., for defendant-appellee.

Before BROWN, REAVLEY, and HILL, Circuit Judges.

ROBERT MADDEN HILL, Circuit Judge:

Plaintiff-appellant Seafirst Commercial Corporation (Seafirst) appeals from a summary judgment in favor of defendant-appellee United States Fidelity & Guaranty Company (USF & G) in this Louisiana law diversity case. We affirm.

I.

Seafirst was a mortgagee of RTL Corporation and its related companies (collectively RTL) under a chattel mortgage on a crane. The terms...

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