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TERRA RESOURCES v. PENINSULA RESOURCES CORP.

No. CA-6146.

504 So.2d 608 (1987)

TERRA RESOURCES, INC. v. PENINSULA RESOURCES CORPORATION and AMERICAN FLOURITE, INC. v. FEDERATED ENERGY CORP.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied April 15, 1987.

Attorney(s) appearing for the Case

John M. Wilson, Deborah Bahn Price, Appeal Counsel, Liskow & Lewis, New Orleans, for Federated Energy Corp.

Eugene R. Preaus, Mark B. Meyers, Appeal Counsel, Phelps, Dunbar, Marks, Claverie & Sims, New Orleans, for American Flourite, Inc.

Before GULOTTA, BARRY and WARD, JJ.

WARD, Judge.

This appeal arises from a third party action on an indemnity agreement. The Trial Court granted summary judgment for third-party plaintiff American Flourite, Inc. ("American"), holding that Federated Energy Corporation ("Federated") is bound by the terms of a Receipt and Release executed by Federated to indemnify, defend and hold American harmless against the claims made by Terra Resources, Inc. ("Terra") in the main demand. Federated appeals. We affirm...

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