Legal Opinion
M & M Financial Services, Inc. v. Hayes
Louisiana Court of Appeal
Decided June 5, 2015No. 2014 CA 1690PublishedCited by 2 opinions
1Opinion of the CourtCrain, J.
|2The holder of a secured promissory note seeks recovery from a third party *1173who allegedly damaged the collateral for the note. The trial court denied a motion for summary judgment filed by the defendants and -granted summary judgment in favor of the plaintiff, awarding the full amount requested. We find that the secured party has no claim against the alleged tortfeasor, reverse the summary judgment in favor of the plaintiff, and render summary judgment in favor of the third party and his insurer.
FACTS
The accident giving rise to this litigation occurred when a vehicle driven by Jerry Richard…
2Cases cited8 opinions
- Suire v. Lafayette City-Parish GovernmentSupreme Court of Louisiana · 2005
- In re the Succession of BeardLouisiana Court of Appeal · 2014
- Bd. of Sup. v. Louisiana Agr. Finance Auth.Louisiana Court of Appeal · 2008
- Louisiana Workers' Compensation Corp. v. LandryLouisiana Court of Appeal · 2012
- NORTH AMERICAN FIRE & CAS. v. State FarmLouisiana Court of Appeal · 2003
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3Cited by2 opinions
- Crowe v. Bio-Medical Application of Louisiana, LLCLouisiana Court of Appeal · 2016
- St. Tammany Parish Government v. WelshLouisiana Court of Appeal · 2016