Tower Partners, L.L.C. v. Wade
Louisiana Court of Appeal
1Opinion of the Court
MAX N. TOBIAS, JR., Judge.
The defendants, Mary Lee Wade Rao and James Rao (collectively, “Raos”), appeal a deficiency judgment against them resulting from a foreclosure by executory process on a mortgage that was held by the plaintiff, Tower Partners, L.L.C. (“Tower”), as mortgagee. Tower answered the appeal asserting that the trial court improperly calculated the interest owed it. For the following reasons, we amend the judgment and, as amended, affirm.
The Raos purchased from Orleans Bank and Trust Company (“Orleans Bank”) a piece of rental property consisting of six units located on…
2Cases cited6 opinions
- Royal Ins. v. Romain Motor Co.Louisiana Court of Appeal · 1929
- Burguieres v. PollingueSupreme Court of Louisiana · 2003
- Terrebonne Fuel & Lube, Inc. v. Placid Refining Co.Supreme Court of Louisiana · 1996
- Diamond B Const. Co., Inc. v. DOTDLouisiana Court of Appeal · 2003
- Security Homestead Ass'n v. FuselierSupreme Court of Louisiana · 1991
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