Luk-Shop, LLC v. RIVERWOOD LaPLACE ETC.

802 So.2d 1291 (2002)

LUK-SHOP, L.L.C.

v.

RIVERWOOD LaPLACE ASSOCIATES, L.L.C.

No. 2001-CC-2446.

Supreme Court of Louisiana.

January 4, 2002.

This per curiam addresses whether plaintiffs claim against defendant is based upon plaintiffs purchase of a litigious right and whether defendant is entitled to terminate the litigation by paying to plaintiff what plaintiff paid to the assignor.

On March 27, 1996 CFSC Capital Corp., XXVII (CFSC) filed suit against Riverwood LaPlace Associates, L.L.C. (Riverwood). The suit sought a judgment against Riverwood for sums allegedly due on promissory notes, mortgage…