Louisiana Court of Appeal March 23, 1994, No. 93-544 (Zachary v. Champion Insurance Co.)

COOKS, Judge.

Louisiana Insurance Guaranty Association (LIGA) appeals an adverse trial court judgment which granted Arthur Zachary, Jr. and Mary Sarah Zachary statutory penalties and attorney’s fees. The trial court held LIGA was liable pursuant to a compromise confect-ed in good faith by Champion Insurance prior to its insolvency.