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PROPERTY ASSET v. PIROGUE COVE APARTMENTS

No. 97-CA-0212.

693 So.2d 1217 (1997)

PROPERTY ASSET MANAGEMENT, INC. v. PIROGUE COVE APARTMENTS, a Partnership in Commendam.

Court of Appeal of Louisiana, Fourth Circuit.

April 11, 1997.

Attorney(s) appearing for the Case

J. David Forsyth, Peter S. Title, Sessions & Fishman, L.L.P., New Orleans, for Plaintiff-Appellant, Property Asset Management, Inc.

Peter J. Butler, Peter J. Butler, Jr., Richard G. Passler, W. Christopher Beary, Breazeale, Sachse & Wilson, L.L.P., New Orleans, for Defendant-Appellee, Pirogue Cove Apartments, A Partnership in Commendam.

Before CIACCIO, ARMSTRONG, JONES, WALTZER and LANDRIEU, JJ.

WALTZER, Judge.

This is an appeal from a judgment sustaining a peremptory exception of no cause of action on a petition to enforce an in rem mortgage by an ordinary proceeding and dismissing the action with prejudice.

STATEMENT OF THE CASE

On September 9, 1996, appellant, Property Asset Management, Inc. ("PAMI"), filed suit against Pirogue Cove Apartments, a Partnership in Commendam ("Pirogue Cove...

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