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TETRA APPLIED TECHNOLOGIES v. H.O.E., INC.

No. 2003-1523.

878 So.2d 708 (2004)

TETRA APPLIED TECHNOLOGIES, INC. v. H.O.E., INC.

Court of Appeal of Louisiana, Third Circuit.

May 26, 2004.

Attorney(s) appearing for the Case

Matthew Douglas McConnell, Christopher Leonard Zaunbrecher, Briney & Foret, Lafayette, LA, for Plaintiff/Appellee, Tetra Applied Technologies, Inc.

Kay A. Theunissen, Stephen P. Skiles, Mahtook & Lafleur, L.L.C., Lafayette, LA, for Defendant/Appellee, Wood Group Logging Services, Inc.

John William Kolwe, Perret, Doise, Professional Law Corporation, Lafayette, LA, for Defendant/Appellant, Hibernia National Bank.

Charles C. Culotta, Jr., Patterson, LA, for Defendant/Appellee, Kyle Machine & Tool Co., Inc.

Philip A. Gattuso, Gretna, LA, for Defendant/Appellee, Hose Speciality & Supply Company of Lafayette, Inc.

J. Kevin Stockstill, Lafayette, LA, Jennifer Ziegenhorn, Husch & Eppenberger, L.L.C., Memphis, TN, for Defendant/Appellee, Cummins Mid-South, L.L.C.

Court composed of BILLIE COLOMBARO WOODARD, JIMMIE C. PETERS, and MICHAEL G. SULLIVAN, Judges.

WOODARD, Judge.

On appeal, Hibernia National Bank (Hibernia) asserts that, when the trial court granted the Trade Creditors' motions for summary judgment, it failed to recognize Hibernia's perfected security interest in the funds deposited in the registry of the trial court. We reverse the trial court's determination.

* * *

On June 24, 1999, Hibernia and H.O.E., Inc. (HOE) executed a Factoring Agreement...

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