ALERION BANK v. LOUISIANA INS. GUAR. ASS'N

No. 98 CA 2897.

753 So.2d 369 (2000)

ALERION BANK, Formerly American Bank and Trust Company v. LOUISIANA INSURANCE GUARANTY ASSOCIATION.

Court of Appeal of Louisiana, First Circuit.

February 18, 2000.


Attorney(s) appearing for the Case

Jack M. Alltmont, Raymond P. Ward, Sessions & Fishman, L.L.P., New Orleans, for Plaintiff-Appellee Bank One, Louisiana, N.A. Formerly Alerion Bank.

Thomas E. Balhoff, Judith R. Atkinson, Roedel Parsons Koch Frost Balhoff & McCollister, Baton Rouge, for Defendant-Appellant The Louisiana Insurance Guaranty Association.

Before: SHORTESS, C.J., PARRO, and KUHN, JJ.


PARRO, J.

The Louisiana Insurance Guaranty Association (LIGA) appeals the trial court's summary judgment in favor of Bank One, Louisiana, National Association (Bank One), ordering LIGA to pay the full sum of $222,240.20, representing the principal amount due on two financial guaranty bonds, judicial interest on this amount from date of notice of default, July 19, 1989, until paid, and all court costs. We affirm.

FACTUAL AND PROCEDURAL BACKGROUND

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