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GULF COAST INV. CORP. v. SECRETARY OF HOUSING

Civ. A. No. 79-810.

509 F.Supp. 1321 (1980)

GULF COAST INVESTMENT CORP. v. SECRETARY OF HOUSING AND URBAN DEVELOPMENT et al.

United States District Court, E. D. Louisiana.

September 18, 1980.

Attorney(s) appearing for the Case

Michael H. Bagot, John H. Gniady, New Orleans, La., for plaintiff.

Marc J. Yellin, Asst. U. S. Atty., New Orleans, La., Samuel B. Rothman, U. S. Dept. of Housing and Urban Development, Washington, D. C., for defendants.

OPINION

SEAR, District Judge:

This is an action under a policy of flood insurance issued pursuant to the National Flood Insurance Act of 1968, 42 U.S.C. § 4001 et seq. On May 3, 1978, the insureds, Irvin and Bobbie York, sustained flood damage to their Marrero, Louisiana house. After their claim for flood insurance benefits was denied, the Yorks' mortgagee, Gulf Coast Investment Corporation (Gulf Coast), paid them for their loss and sued the...

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