Bonin v. Alerion Bank

11 LEON A. CANNIZZARO, JR., Judge.

This case involves an appeal by the plaintiff from the trial court’s judgment denying his claim that the defendant owes the plaintiff compensation for the defendant’s failure, and the failure of its predecessors, to invest certain trust funds for the benefit of the plaintiff. The plaintiff is one of the beneficiaries of a trust for which the defendant is trustee. For the reasons that follow, the trial court judgment is affirmed.

FACTS AND PROCEDURAL HISTORY

On June 20, 1965, the State Mineral Board of the State of Louisiana (the “Mineral Board”) entered into an…