Credithrift of America, Inc. v. Borg-Warner Acceptance Corp.

McMurray, Presiding Judge.

Credithrift of America, Inc. (Credithrift) brought an action against Borg-Warner Acceptance Corporation (Borg-Warner) in two counts, seeking in Count 1 to protect security interests it allegedly held in five Harbor Craft speedboats which were purchased from Lanier Harbor Marine Sales & Service (Lanier Harbor) by one of Credithrift’s customer’s, Boat Trading, Inc. (Boat Trading), Credithrift further alleged that Borg-Warner seized the five boats, which were located at Lanier Harbor’s place of business on Lake Lanier, Gainesville, Georgia, thereby impairing its…