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KOVACH v. HANCOCK BANK OF LOUISIANA

No. 2014-CA-0981.

164 So.3d 436 (2015)

Ellen Shirer KOVACH Wife of and Brent A. Kovach v. HANCOCK BANK OF LOUISIANA and New England Mutual Life Insurance Company.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied May 27, 2015.

Attorney(s) appearing for the Case

E. John Litchfield , Berrigan Litchfield Schonekas Mann Traina & Bolner, LLC, New Orleans, LA, for Plaintiffs/Appellants, Ellen Shirer Kovach and Brent A. Kovach.

Virginia N. Roddy , Jennifer M. Lawrence , Elkins, P.L.C., New Orleans, LA, for Defendant/Appellee, New England Mutual Life Insurance Company.

(Court composed of Judge TERRI F. LOVE, Judge EDWIN A. LOMBARD, Judge JOY COSSICH LOBRANO).

This appeal arises from the cash surrender of plaintiff's one million dollar life insurance policy assigned as collateral to a bank holding the promissory notes for loans in default on two French Quarter hotels. In conjunction with the cash surrender, the life insurance policy was cancelled. The plaintiffs filed a lawsuit alleging...

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