Palmisano v. Nauman-Anderson

FREDERICKS HOMBERG WICKER, Judge.

| ¡«Plaintiff filed suit for repayment of money that he allegedly loaned Defendant pursuant to an oral loan agreement. On summary judgment, the trial court found that Plaintiffs action was precluded by the Louisiana Credit Agreement Statute, La. R.S. 6:1122. For the reasons that follow, we find that the trial court erred in applying the Louisiana Credit Agreement Statute to the case at bar. Therefore, we reverse the trial court’s judgment granting summary judgment in favor of Defendant, and remand the matter for further proceedings consistent with this opinion.