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GUARANTY BANK & TRUST COMPANY v. IDEAL MUTUAL INSURANCE COMPANY

No. 86 CA 1380.

517 So.2d 208 (1987)

GUARANTY BANK & TRUST COMPANY v. IDEAL MUTUAL INSURANCE COMPANY, et al.

Court of Appeal of Louisiana, First Circuit.

Writ Granted January 29, 1988.

Attorney(s) appearing for the Case

Paul S. West, Baton Rouge, for plaintiff-appellant Guaranty Bank & Trust Co.

Charles A. Schutte, Jr., Baton Rouge, for defendant-appellant Louisiana Ins. Guar. Ass'n.

Daniel J. Caruso, Simon, Peragine, Smith & Redfearn, New Orleans, for defendant-appellee Allied Fidelity Ins. Co., Allied Fidelity Corp.

Before COVINGTON, C.J., and SHORTESS and SAVOIE, JJ.

SAVOIE, Judge.

This appeal arises from a suspensive appeal filed by Louisiana Insurance Guaranty Association (hereafter LIGA), the defendant/appellant; and a devolutive appeal filed by Guaranty Bank & Trust Company (hereafter Guaranty), the plaintiff/appellant. The original defendants were Ideal Mutual Insurance Company (Ideal), Credit Protection Insurance Agency, Inc. (CPI), Allied Fidelity Insurance Company (AFIC), Allied Fidelity Corporation (AFC), and Robert...

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