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WHITNEY NAT. v. HOWARD WEIL FIN. CORP.

No. 93-CA-1568.

631 So.2d 1308 (1994)

WHITNEY NATIONAL BANK v. HOWARD WEIL FINANCIAL CORPORATION and Howard, Weil, Labouisse, Freidrichs Incorporated.

Court of Appeal of Louisiana, Fourth Circuit.

January 27, 1994.

Attorney(s) appearing for the Case

Charles W. Lane, III, Rosemarie Falcone, Jones, Walker, Waechter, Poitevent, Carrere & Denegre, New Orleans, for appellants.

F. Frank Fontenot, Mark P. Dauer, Milling, Benson, Woodward, Hillyer, Pierson & Miller, New Orleans, for appellee.

Before SCHOTT, C.J., and KLEES and LOBRANO, JJ.

LOBRANO, Judge.

Howard, Weil, Labouisse, Friedrichs, Inc. (Howard Weil) and Howard Weil Financial Corporation (Financial) appeal a summary judgment granted in favor of Whitney National Bank in the amount of $83,000.00. Whitney answered the appeal asserting the inadequacy of the damages. The facts precipitating this litigation are as follows.

In order to secure a loan with the Whitney Bank, C. Peck Hayne, a vice-president of Howard Weil, pledged three thousand...

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