Legal Opinion

Fortune v. Taylor Fortune Group, L.L.C.

Court of Appeals for the Fifth Circuit

Decided August 4, 2015No. 15-60009PublishedCited by 4 opinions

1Opinion of the Court

PER CURIAM: *

Plaintiffs-appellants Elizabeth Fortune and Bob Fortune (collectively, “the Fortunes”) appeal the district court’s denial of their Rule 59(e) motion to alter judgment. For the reasons explained below, we AFFIRM. We also DENY defendant-appel-lee Taylor Fortune Group, L.L.C.’s (“Fortune Louisiana’s”) motion for sanctions.

Facts AND Proceedings

In 2006 the Fortunes sold their business, Fortune Equipment, to their son, Chris Fortune (“Chris”), for $771,690. Chris signed a promissory note, providing that he would repay that amount in ninety-six monthly installments. Chris purchased the…

2Cases cited9 opinions

  1. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  2. In Re Katrina Canal Breaches LitigationCourt of Appeals for the Fifth Circuit · 2007
  3. Hall v. ColeSupreme Court of the United States · 1973
  4. F. D. Rich Co. v. United States Ex Rel. Industrial Lumber Co.Supreme Court of the United States · 1974
  5. New York Life Insurance v. DeshotelCourt of Appeals for the Fifth Circuit · 1998

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3Cited by4 opinions

  1. Energy Coal S P A v. CITGO Petroleum CorporationCourt of Appeals for the Fifth Circuit · 2016
  2. Sweeney v. Hoy Health LLCDistrict Court, W.D. Texas · 2023
  3. The Ohio Casualty Insurance Company v. Gre3n, LLCDistrict Court, M.D. Louisiana · 2025
  4. U.S. Alliance Group, Inc. v. Cardtronics USA, Inc.District Court, E.D. Louisiana · 2022

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