Public Finance Corp. v. Cooper

Banke, Judge.

The appellees, Ann and William B. Cooper, Jr., filed a class-action suit to recover a money judgment from the appellant, Public Finance Corporation. The suit was based on Public’s issuance of a loan to the Coopers in violation of the Industrial Loan Act. This court granted Public’s petition for interlocutory review in order to review the trial judge’s certification of the case to proceed as a class action and to review his striking of certain of Public’s defenses.

1. The 1978 session of the legislature enacted a new Code Ann. § 25-9903 (Ga. L. 1978, pp. 1033, 1034) which became…