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Louisiana Law Review

Keywords

Collateralized mortgage obligations, Diamond Services Corp. -- Trials litigation etc., Louisiana Supreme Court, United States District Court (Louisiana : Western District), Keybank National Association (Company) -- Trials litigation etc., Perkins Rowe Associates LLC -- Trials litigation etc., Other Financial Vehicles, Mortgages -- Louisiana, Uniform Commercial Code

Abstract

The article offers information on the history, development and significance of the collateral mortgage law in Louisiana with reference to the comprehensive revisions to Article 9 of the Uniform Commercial Code in 2001. It discusses the judicial decision of the Louisiana Supreme Court in the case of Diamond Services Corporation v. Benoit regarding collateral mortgage notes. It analyzes the U.S. Louisiana District Court's decision in KeyBank National Association v. Perkins Rowe Associates LLC.

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