REDAR, LLC v. Rush
Louisiana Court of Appeal
1Opinion of the Court
PICKETT, Judge.
11 Norris and Patsy Rader and their family owned two corporations that operated stores, Norris Rader, Inc. and Norris Rad-er of St. Martin, Inc. The stores took out loans from St. Martin Bank and Regions Bank, and Norris and Patsy Rader both personally guaranteed the notes. When the stores shut down and the corporations entered into bankruptcy, St. Martin Bank and Regions Bank took action to collect on the personal guarantees, as Norris and Patsy Rader had extensive real estate holdings. In an effort to protect those assets from seizure by the bank, the Rad-ers transferred the…
2Cases cited18 opinions
- Rosell v. EscoSupreme Court of Louisiana · 1989
- Costello v. HardySupreme Court of Louisiana · 2004
- Minyard v. Curtis Products, Inc.Supreme Court of Louisiana · 1967
- STATE, DOTD v. WilliamsonSupreme Court of Louisiana · 1992
- Edmonston v. A-Second Mortgage Co. of Slidell, Inc.Supreme Court of Louisiana · 1974
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