Home Indemnity Co. v. Boe

4 Citing cases

  1. In re Orion Refining Corp.

    372 B.R. 688 (Bankr. D. Del. 2007)   Cited 4 times

    Fraud may also result from silence or inaction."). See, e.g., Hall v. Arkansas-Louisiana Gas Co., 368 So.2d 984 (La. 1979); Dutton & Vaughan, Inc. v. Spurney, 600 So.2d 693, 698 (La.Ct.App.1992); Home Indem. Co., Inc. v. Boe, 499 So.2d 1301 (La.Ct.App.1986); Automatic Coin Enterprises, Inc. v. Vend-Tronics, Inc., 433 So.2d 766 (La.Ct.App.1983). As the plaintiff, Fluor bears the burden of proving each element of its claim.

  2. Dutton Vaughan, Inc. v. Spurney

    600 So. 2d 693 (La. Ct. App. 1992)   Cited 25 times
    Holding that "if officers and directors do not purport to bind themselves individually, they do not incur personal liability for the debts of the corporation."

    The two essential elements of fraud are the intent to defraud or gain an unfair advantage and actual or probable damage. Hall v. Arkansas-Louisiana Gas Co., 368 So.2d 984 (La. 1979); Home Indemnity Co., Inc. v. Boe, 499 So.2d 1301 (La.App. 4th Cir. 1986); Automatic Coin Enterprises, Inc. v. Vend-Tronics, Inc., 433 So.2d 766 (La.App. 5th Cir. 1983), writ den., 440 So.2d 756 (La. 1983). Fraud, however, cannot be predicated on unfulfilled promises or statements as to future events.

  3. Bell v. Vickers

    568 So. 2d 160 (La. Ct. App. 1990)   Cited 9 times

    Fraud is never presumed. C.C. Arts. 1953 and 1957. First National Bank v. Campo, 537 So.2d 268 (La.App. 4th Cir. 1988), writ denied, 538 So.2d 578 (La. 1989); El Paso Exploration Company v. Olinde, 527 So.2d 511 (La.App. 1st Cir. 1988); Bank of Coushatta v. Patrick, 503 So.2d 1061 (La.App. 2d Cir. 1987), writ denied, 506 So.2d 1231 (La. 1987); Home Indemnity Company, Inc. v. Boe, 499 So.2d 1301 (La. App. 4th Cir. 1986), and Mitchell v. Bertolla, 397 So.2d 56 (La.App. 2d Cir. 1981), writ denied, 400 So.2d 669 (La. 1981). The financial statement shown to the Vickers prior to their investment omitted the $63,800 debt to First National Bank but the testimony established that this omission was merely an inadvertant clerical error or oversight which was not intended by the other incorporators to defraud the Vickers into making the original purchase of the stock.

  4. Pittman v. Piper

    542 So. 2d 700 (La. Ct. App. 1989)   Cited 11 times

    Legal fraud requires both intent to defraud or gain unfair advantage as well as actual or probable damages to the plaintiff. LSA-C.C. Art. 1953; Home Indemnity Company, Inc. v. Boe, 499 So.2d 1301, 1302 (La.App. 4th Cir. 1986). Circumstances constituting fraud must be pleaded with particularly but fraud may be proven by operation of presumptions. Lone Star Industries, Inc. v. American Chemical, Inc., 461 So.2d 1063, 1067 (La.App. 4th Cir. 1984); cert. denied, 465 So.2d 738 (La. 1985); stay granted, 473 So.2d 57 (La. 1985); writ granted, 474 So.2d 941 (La. 1985); jmt. affd, 480 So.2d 730 (La. 1986).