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TEXAS COMMERCE BANK NAT. ASS'N v. SUAREZ

Civ. A. No. 92-793.

844 F.Supp. 290 (1994)

TEXAS COMMERCE BANK NATIONAL ASSOCIATION v. Ludovic SUAREZ.

United States District Court, E.D. Louisiana.

January 31, 1994.

Attorney(s) appearing for the Case

Peter Stephen Title, J. David Forsyth, Sessions & Fishman, New Orleans, LA, for First City, Texas-Houston, N.A. and Texas Commerce Bank Nat. Ass'n.

Harry McGoodwin Zimmerman, Jr., Barkley & Thompson, New Orleans, LA, for Ludovic Suarez and Barkley & Thompson.

ORDER AND REASONS

CLEMENT, District Judge.

Plaintiff's motion for summary judgment was decided this date on memoranda. For the reasons set forth below, plaintiff's motion is GRANTED.

I. BACKGROUND

This is a suit on a guaranty executed by defendant, Ludovic Suarez. While the guaranty was the result of a complicated financial transaction, the relevant facts may be summarized as follows. Crescent City Communications Company, Inc. (...

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