Legal Opinion
Gulf Coast Bank & Trust Co. v. Gilles
Louisiana Court of Appeal
Decided April 27, 2016No. Nos. 2015-CA-0657, 2015-CA-0658PublishedCited by 3 opinions
1Opinion of the Court
JAMES F. McKAY III, Chief Judge.
_JjGMD International, Inc. (GMD) was a Louisiana corporation formed by three members: Gilíes Casse, Mike Legget, and Damon Baldone. In November of 2002, Mr. Baldone, as president and chairman of the board of directors of GMD, executed a receivables purchase agreement with Gulf Coast Bank & Trust Company, Inc. (Gulf Coast), through its factoring division, in order to secure a loan for financing the business operations of GMD. The receivables purchase agreement set forth terms for a factoring arrangement between GMD and Gulf Coast. The agreement would allow for…
2Cases cited8 opinions
- Wooley v. LucksingerSupreme Court of Louisiana · 2011
- STATE, DOTD v. WilliamsonSupreme Court of Louisiana · 1992
- Ferrell v. South Central Bell Tel. Co.Supreme Court of Louisiana · 1981
- Maschek v. Cartemps USALouisiana Court of Appeal · 2005
- Ny Associates v. Board of Com'rsLouisiana Court of Appeal · 2006
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3Cited by3 opinions
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- Bd. of Supervisors of La. State Univ. v. GersonLouisiana Court of Appeal · 2018
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