Louisiana Court of Appeal November 16, 1994, No. 94-CA-217 (Jefferson Guaranty Bank v. Lagos)

| iTHOMAS F. DALEY, Judge Pro Tem.

This appeal arises from a controversy between the pledgee of a collateral mortgage, Jefferson Guaranty Bank (JGB), and the holder of a judicial mortgage, Zurich American Insurance Company (Zurich). At issue is whether subsequent advances by JGB are entitled to retroactive ranking under LSA-C.C. art.