Bertrand v. Richard

|!LABORDE, Judge.

Defendant, LIGA (Louisiana Insurance Guaranty Association), seeks the return of a suspensive appeal bond originally posted by Automotive Casualty Insurance Company (Automotive Casualty). Plaintiff liquidated the appeal bond in satisfaction of a trial court judgment rendered in her favor after the original appeal was dismissed by LIGA. LIGA appeals this action by the trial court, claiming that as the successor in title to Automotive Casualty, all funds belonging to Automotive Casualty should have been returned to LIGA for an equitable distribution among all creditors of…