Gilliard v. Wright

The appellant, H. David Gilliard, Jr., challenges a final judgment entered against him and in favor of Stephen R. Wright, Receiver for Gilliard Grove Services, Inc. and Gilliard Groves, Inc.

The trial court entered a final judgment awarding the appellee “the sum of $3,168,-682.00 on principal, $34,796.00 for attorneys fees with costs in the sum of $5,675.54, making a sub total of $3,209,153.54 that shall bear interest at a rate of 12% a year and in addition the plaintiff shall recover prejudgment interest of $2,968,948.00-for which let execution issue.”

We find that the trial court erred by…