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NATIONAL BLDG. v. ALERION BANK & TRUST CO.

No. 99-CA-2561.

772 So.2d 938 (2000)

NATIONAL BUILDING & CONTRACTING CO., INC., et al. v. ALERION BANK & TRUST COMPANY.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied December 15, 2000.

Attorney(s) appearing for the Case

Lynn H. Frank, Joseph R. Ward, Jr., Ward, Nelson & Pelleteri, LLC, New Orleans, Louisiana, James S. Holliday, Jr., James S. Holliday, Jr., A.P.L.C., Baton Rouge, Louisiana, Attorneys for Plaintiff/Appellees.

Alan D. Ezkovich, Glen E. Mercer, Sessions & Fishman, New Orleans, Louisiana, James F. Willeford, New Orleans, Louisiana, Attorneys for Defendant/Appellants.

Court composed of Judge JAMES F. McKAY, III, Judge MICHAEL E. KIRBY, Judge PHILIP C. CIACCIO, Pro Tem.

McKAY, Judge.

This case involves the Tchefuncte Harbour Townhomes project in St. Tammany Parish. The project's former owner had gone bankrupt and the project had been abandoned for several years. At some time in the late 1980's, Nick Popich (Popich), the owner of Dibidale of Louisiana, Inc. (Dibidale) became interested in the unfinished project. Mr. Popich met with Wil Whitmore, president, CEO, and chairman of the board of American Bank and Trust (ABT) to discuss...

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