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CITIZENS NAT. BANK v. GILSBAR, INC.

No. CA 90 0226.

581 So.2d 719 (1991)

CITIZENS NATIONAL BANK v. GILSBAR, INC.

Court of Appeal of Louisiana, First Circuit.

May 16, 1991.

Attorney(s) appearing for the Case

T. Jay Seale, III, Hammond, for plaintiff-appellant.

John C. Miller, Baton Rouge, for defendant-appellee.

Before EDWARDS, WATKINS and LeBLANC, JJ.

LeBLANC, Judge.

This litigation involves a claim by plaintiff, Citizens National Bank (CNB), against defendant, New England Insurance Company, which allegedly maintains a policy of Lawyers Professional Liability Insurance insuring a particular unnamed insured for errors and omissions.1

On July 14, 1982, CNB made a loan to Circle Seven Farms, Inc., Alphonso Gomes and Juliane Elsner Gomes in the amount of $450,685.39, in return for...

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