MANSURA STATE BK. v. SOUTHWEST NAT. BANK

No. 88-269.

549 So.2d 1276 (1989)

MANSURA STATE BANK, Plaintiff-Appellant, v. SOUTHWEST NATIONAL BANK, HIBERNIA NATIONAL BANK (formerly known as Southwest National Bank), Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

Writ Denied December 8, 1989.


Attorney(s) appearing for the Case

Butler, Heebe & Hirsch, Peter J. Butler, Richard M. Ireland, Jr., New Orleans, and Roy & Roy, A.J. Roy, Marksville, for plaintiff-appellant.

Onebane, Donohoe, John Toria, Mark A. Ackal, Lafayette, for defendants-appellees.

Before STOKER, DOUCET and YELVERTON, JJ.


STOKER, Judge.

This suit arises out of a loan participation between five banks. No statement of the issues in this litigation may be stated at this point without a detailed statement of the facts. Based on the facts and lack of any settled principles of law, we conclude that the judgment of the trial court should be affirmed, although for different reasons than those assigned below. The relevant facts stipulated to between the parties are set forth below.

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