Georgia Income Property Corp. v. Murphy

Banke, Presiding Judge.

This action was filed by “D. P. & E. C. Murphy, a California general partnership consisting of Donald P. and Eleanor C. Murphy [and various other named individuals] and Donald P. Murphy, individually, and Eleanor C. Murphy, individually” against Georgia Income Property Corporation (hereinafter “GIPC”) to recover for the latter’s alleged failure to make certain rental and mortgage payments in accordance with the terms of a lease agreement pertaining to an office building located at 795-805 Peachtree Street, Atlanta, Georgia. GIPC counterclaimed to recover liquidated…