Legal Opinion
Farm Credit Bank of Texas v. Lorita Richard Guidry, Lorita Richard Guidry & Patrick Guidry, in His Capacity as Trustee of the Lorita R. Guidry Trust
Court of Appeals for the Fifth Circuit
Decided April 14, 1997No. 96-30623PublishedCited by 25 opinions
1Opinion of the Court
WIENER, Circuit Judge:
This is an appeal challenging the district court’s determination that, at the time of its seizure under garnishment, i.e., during its initial, “accumulation” period, the “American Legacy II, Lincoln National Variable Annuity Account” (the Lincoln National account) previously purchased by Defendant-Appellant Lorita Guidry and transferred to her grantor trust, is not an “annuity” for purposes of Louisiana’s seizure laws and therefore not exempt from garnishment by Gui-dry’s judgment creditor. We affirm.
I
FACTS AND PROCEEDINGS
In December, 1993, Plaintiff-Appellee Farm Credit…
2Cases cited16 opinions
- Doddy v. Oxy USA, Inc.Court of Appeals for the Fifth Circuit · 1996
- Roy Ferrell v. Trailmobile, Inc.Court of Appeals for the Fifth Circuit · 1955
- Diaz v. Methodist HospitalCourt of Appeals for the Fifth Circuit · 1995
- In the Matter of Herman Neil YOUNG, Debtor. Herman Neil YOUNG, Appellant, v. David v. ADLER, Trustee, AppelleeCourt of Appeals for the Fifth Circuit · 1987
- United Parcel Service, Inc., Etc. v. Weben Industries, Inc., and Conveyor, MacHinery & Steel Erectors, Inc. v. Mercantile National Bank at DallasCourt of Appeals for the Fifth Circuit · 1986
11 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Rogers v. Hartford Life & Accident InsuranceCourt of Appeals for the Fifth Circuit · 1999
- Advanced Display Systems, Inc. v. Kent State UniversityCourt of Appeals for the Federal Circuit · 2000
- Krieser Ex Rel. Krieser v. HobbsCourt of Appeals for the Fifth Circuit · 1999
- H. E. Butt Grocery Co. v. National Union Fire InsuranceCourt of Appeals for the Fifth Circuit · 1998
- Tamez v. City of San MarcosCourt of Appeals for the Fifth Circuit · 1997
20 more not listed; retrieve them via the Exa API.