Legal Opinion
Fayette Promenade, LLC v. Branch Banking & Trust Co.
Court of Appeals of Georgia
Decided September 17, 2002No. A02A1358PublishedCited by 15 opinions
1Opinion of the Court
Mikell, Judge.
On April 7, 1999, Fayette Promenade, LLC executed a security deed in favor of Branch Banking & Trust Company’s predecessor in interest conveying an interest in three partially developed tracts of land totaling thirty acres in Fayette County as security for a loan of $5,000,000. Ronald L. Lozoff guaranteed the debt. One 3.15-acre tract of prime frontage was subsequently sold for $1,700,000.
Fayette Promenade then defaulted on the note. Branch Banking gave notice of default and intent to foreclose and properly advertised the pending sale of the remaining property. Pursuant to the…
2Cases cited9 opinions
- Thompson v. MasliaCourt of Appeals of Georgia · 1972
- Wheeler v. Coastal BankCourt of Appeals of Georgia · 1987
- Sparti v. JoslinCourt of Appeals of Georgia · 1998
- Classic Enterprises, Inc. v. Continental Mortgage InvestorsCourt of Appeals of Georgia · 1975
- Marett Properties, L. P. v. Centerbank Mortgage Co.Court of Appeals of Georgia · 1992
4 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Wilson v. Prudential Industrial Properties, LLCCourt of Appeals of Georgia · 2005
- McCain v. GallowayCourt of Appeals of Georgia · 2004
- Hudson Trio, LLC v. Buckhead Community BankCourt of Appeals of Georgia · 2010
- Trefren v. Freedom Bank of GeorgiaCourt of Appeals of Georgia · 2009
- Boring v. STATE BANK AND TRUST CO.Court of Appeals of Georgia · 2010
10 more not listed; retrieve them via the Exa API.