Legal Opinion
Goss & Goss Development Company v. First Union National Bank of Georgia
Court of Appeals of Georgia
Decided June 25, 1990No. A90A0692PublishedCited by 8 opinions
1Opinion of the Court
Beasley, Judge.
The bank lent Goss & Goss Development company $50,000 to de*437velop a residential subdivision. The note was renewed twice, and after the partnership used all the funds it asked for additional financing. The bank denied further extension of credit, the loan went into default, and the bank began foreclosure proceedings. The day before the scheduled first foreclosure advertisement, Goss & Goss paid the accrued interest arrearage and a renewal note was signed. The foreclosure was stopped, but one advertisement was published.
When the last note came due and it was neither renewed nor…
2Cases cited5 opinions
- Myers v. United Services Automobile Ass'nCourt of Appeals of Georgia · 1973
- P & J Truck Lines, Inc. v. Canal InsuranceCourt of Appeals of Georgia · 1978
- Walker v. SheehanCourt of Appeals of Georgia · 1949
- Harrell v. GomezCourt of Appeals of Georgia · 1985
- Borders v. WrightCourt of Appeals of Georgia · 1977
3Cited by8 opinions
- Akin v. PAFEC Ltd.Court of Appeals for the Eleventh Circuit · 1993
- Aycock v. CalkCourt of Appeals of Georgia · 1997
- Sudler v. CampbellCourt of Appeals of Georgia · 2001
- Willis v. National Mortgage Co.Court of Appeals of Georgia · 1998
- Bigley v. MosserCourt of Appeals of Georgia · 1998
3 more not listed; retrieve them via the Exa API.