FIRST COMMONWEALTH CORPORATION
v.
HIBERNIA NATIONAL BANK OF NEW ORLEANS.
United States District Court, E.D. Louisiana.https://leagle.com/images/logo.png
July 22, 1994.
July 22, 1994.
Attorney(s) appearing for the Case
John C. Combe, Jr., Warren M. Schultz, Jr., M. Richard Schroeder, T. Michael Twomey, Jones, Walker, Waechter, Poitevent Carrere & Denegre, New Orleans, LA, for plaintiff First Commonwealth Corp.
Robert Stephen Rooth, Corinne Ann Morrison, James Calvin Young, Chaffe, McCall, Phillips, Toler & Sarpy, New Orleans, LA, John F. Weeks, II, Usry & Weeks, Metairie, LA, for defendant Hibernia Nat. Bank of New Orleans.
Robert G. Stassi, Chehardy, Sherman, Ellis, Breslin & Murray, Metairie, LA, Frank Gerald DeSalvo, Frank G. DeSalvo, Atty. at Law, New Orleans, LA, for third-party defendant Leonard H. Aucoin.
Frank Gerald DeSalvo, Atty. at Law, New Orleans, LA, for third-party defendant W. Joel Herron.
Richard Terrell Simmons, Jr., Kurt D. Engelhardt, Hailey, McNamara, Hall, Larmann & Papale, Metairie, LA, for third-party defendant Dennis J. LaFont.
Laurence D. Rudman, Kiefer & Rudman, Metairie, LA, Jerry F. Palmer, Elkins & Associates, New Orleans, LA, Pierre V. Miller, II, Kiefer & Rudman, APLC, Metairie, LA, for third-party defendant Jerry F. Palmer.
United States District Court, E.D. Louisiana.
MEMORANDUM AND ORDER
SEAR, Chief Judge.
I. BACKGROUND
This third party complaint was filed under the Court's supplemental jurisdiction.1 On December 11, 1989, First Commonwealth Corp. ("FCC") loaned $8.25 million to Insurance Premium Assistance Company ("IPAC"), which pledged certain "premium finance notes" (the "notes") to FCC as collateral. The nature of the notes was such that they diminished in value...
Let's get started
Welcome to the leading source of independent legal reporting Sign on now to see your case. Or view more than 10 million decisions and orders.
Updated daily.
Uncompromising quality.
Complete, Accurate, Current.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.