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WORTHMORE CAPITAL v. MILCO 2003-UNIVERSITY

No. 12-CA-166.

101 So.3d 478 (2012)

WORTHMORE CAPITAL, LLC v. MILCO 2003-UNIVERSITY, LLC.

Court of Appeal of Louisiana, Fifth Circuit.

September 11, 2012.

Attorney(s) appearing for the Case

David M. Culpepper , Attorney at Law, John V. Baus, Jr. , Shaun B. Rafferty , Attorneys at Law, New Orleans, LA, for Plaintiff/Appellee.

Michael R. Delesdernier , Attorney at Law, Metairie, LA, for Defendant/Appellant.

Panel composed of Judges SUSAN M. CHEHARDY, MARC E. JOHNSON and ROBERT A. CHAISSON.

ROBERT A. CHAISSON, Judge.

This is an appeal by Milco 2003-University, LLC (Milco 2003), defendant-appellant, from a summary judgment on a note in favor of Worthmore Capital, LLC (Worthmore), plaintiff-appellant. For the following reasons, we affirm the judgment.

FACTS AND PROCEDURAL HISTORY

The following facts are uncontested. In 2004, Worthmore and Milco, two limited liability companies, formed a third limited liability company, University PUD...

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