T.P. Homes, Inc. v. Taylor

FREDERICKA HOMBERG WICKER, Judge.

|2This is a concursus proceeding brought by Sam J. Chauppette, the judicial liquidator of T.P. Homes Inc. — the dissolved corporation. It involves the amounts owed to the shareholders — appellant Billy M. Taylor and appellee Vincent J. Pervel— from the corporation’s remaining assets. Mr. Chauppette invoked the concursus proceeding whereby he deposited $24,471.39, the disputed funds, into the registry of court. After sustaining exceptions of res judicata, peremption, and prescription, the trial judge dismissed the concursus. He distributed the funds on deposit…