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AMERICAN BANK AND TRUST CO. v. TULLOS

Civ. A. No. 86-3312 "L".

701 F.Supp. 574 (1988)

AMERICAN BANK AND TRUST COMPANY, Federal Deposit Insurance Company, in its Corporate Capacity v. A.J. TULLOS, Jr., et al.

United States District Court, W.D. Louisiana, Lafayette-Opelousas Division.

December 19, 1988.

Attorney(s) appearing for the Case

David S. Rubin, Baton Rouge, La., for plaintiffs.

William H. Patrick, III, Baton Rouge, La., for defendants.

FINDINGS OF FACT

DUHE, District Judge.

1. American Bank & Trust Company ("American Bank") held a $2 million promissory note (the "Tullos note") executed in December 1981 by A.J. Tullos, Jr. — 1979, a partnership in commendam.

2. In January 1984, after the Tullos note was in default, American Bank retained Domengeaux & Wright ("D & W") on an hourly basis to recover against the guarantors...

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