MTW Investment Co. v. Alcovy Properties, Inc.

Blackburn, Judge.

Following our decision in Alcovy Properties v. MTW Investment Co., 212 Ga. App. 102 (441 SE2d 288) (1994), the trial court allowed Alcovy Properties, Inc. to assert a claim for abusive litigation against MTW Investment Company and its partners, Victor Maslia, Lee N. Terry, and Larry D. Wolfe (collectively MTW).1 The jury awarded Alcovy $405,045, but the trial judge reduced the award by $214,500 as a condition of its denial of MTW’s motion for a new trial. Alcovy accepted the reduction, subject to its right to appeal the reduction if MTW appealed the verdict. MTW filed this…