Legal Opinion

American Bank & Trust Co. v. Price

Louisiana Court of Appeal

Decided April 3, 1996No. 28018-CAPublishedCited by 2 opinions

1Opinion of the Court

liGASKINS, Judge.

The plaintiff, American Bank and Trust Company, appeals a trial court judgment finding invalid an appraisal of the defendant’s property, seized and sold by the plaintiff in satisfaction of a debt. The trial court found that, due to the invalid appraisal, the plaintiff was not entitled to a deficiency judgment against the defendant. For the following reasons, we affirm the trial court judgment.

BACKGROUND FACTS

The present case arises from a 1987 loan from American Bank and Trust to the defendant for the purchase of immovable property in Bossier Parish. Although not necessary to…

2Cases cited21 opinions

  1. Consolidation Loans, Inc. v. GuercioLouisiana Court of Appeal · 1967
  2. University Prop. Corp. v. Fidelity Nat. BankLouisiana Court of Appeal · 1986
  3. Bank of New Roads v. Livonia South, Inc.Louisiana Court of Appeal · 1988
  4. Plauche-Locke Securities, Inc. v. JohnsonLouisiana Court of Appeal · 1966
  5. Ford Motor Credit Company v. BlackwellLouisiana Court of Appeal · 1974

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3Cited by2 opinions

  1. National Information Services v. GottsegenLouisiana Court of Appeal · 1999
  2. First Bank & Trust v. TedescoLouisiana Court of Appeal · 2012

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