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POPLAR GROVE PLTG. & REF. v. BACHE HALSEY STUART INC.

Civ. No. 77-83.

465 F.Supp. 585 (1979)

POPLAR GROVE PLANTING AND REFINING CO., INC. v. BACHE HALSEY STUART INC.

United States District Court, M. D. Louisiana.

February 12, 1979.

Attorney(s) appearing for the Case

John V. Parker, Sanders, Downing, Kean & Cazedessus, Baton Rouge, La., for plaintiff.

Phillip A. Wittmann, Susan R. Stockstill, Stone, Pigman, Walther, Wittmann & Hutchinson, New Orleans, La., for defendant.

E. GORDON WEST, District Judge:

In 1974, the plaintiff, Poplar Grove Planting and Refining Co., Inc. (hereinafter referred to as Poplar Grove), opened a sugar commodities trading account with Bache Halsey Stuart Inc. (hereinafter referred to as Bache), out of Bache's Houston office. In its first year in the commodities market, Poplar Grove lost approximately $220,000. The following year the account was transferred to Bache's New Orleans office, where it was assigned...

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