Legal Opinion
Bank of New Orleans v. Monco Agency, Inc.
Louisiana Court of Appeal
Decided September 28, 1984No. CA 1375PublishedCited by 5 opinions
1Opinion of the Court
BYRNES, Judge.
This case involves an action on two promissory notes.
MONCO Agency, Inc., [“MONCO”] Defendant-Appellant is a holding company for Cotton Belt Insurance Company, [“CBIC”]. In the fall of 1981 MONCO transferred all of its financial accounts from the First National Bank of Commerce to The Bank of New *223Orleans and Trust Company, [“BNO”], Plaintiff-Appellee. This transfer was the apparent result of a concerted effort by BNO to obtain these accounts.
On November 10, 1981 BNO lent MON-CO $1,658,111.10. MONCO gave BNO a promissory note in that amount and pledged as collateral all of its…
2Cases cited12 opinions
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
- Sartor v. Arkansas Natural Gas Corp.Supreme Court of the United States · 1944
- Vermilion Corp. v. VaughnSupreme Court of Louisiana · 1981
- Mashburn v. CollinSupreme Court of Louisiana · 1977
7 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Roberts v. Louisiana Coca-Cola Bottling Co.Louisiana Court of Appeal · 1990
- Major v. Fireman's Fund Ins. Co.Louisiana Court of Appeal · 1987
- English v. Allstate Insurance Co.Louisiana Court of Appeal · 1991
- Tolmas v. WeichertLouisiana Court of Appeal · 1990
- Bank of New Orleans & Trust Co. v. Monco Agency, Inc.Supreme Court of Louisiana · 1984