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Legal Opinion

Brevard Federal Savings & Loan Ass'n v. Ford Mountain Investments

Supreme Court of Georgia

Decided October 4, 1991No. S91A0750PublishedCited by 5 opinions

1Opinion of the Court

Hunt, Justice.

The trial court granted Ford Mountain Investments an injunction forbidding Brevard Federal Savings and Loan Association from commencing foreclosure and ruled in favor of Ford on their contract dispute. Brevard appeals.

Brevard loaned money to Wiggins to develop two parcels of real property in Rabun County known as Heatherstone Lakes Subdivision and Highland Tops I. When Wiggins experienced financial problems, Ford agreed with Brevard to take over both projects and continue development of the property. Ford is subordinated in interest , to the note and deed to secure debt and has…

2Cases cited11 opinions

  1. Jordan v. FlyntSupreme Court of Georgia · 1977
  2. Oliver v. SlackSupreme Court of Georgia · 1941
  3. Georgia Kraft Co. v. RhodesSupreme Court of Georgia · 1987
  4. Kirk v. First Georgia Investment Corp.Supreme Court of Georgia · 1977
  5. Cochran v. TeasleySupreme Court of Georgia · 1977

6 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. SPARRA v. DEUTSCHE BANK NATIONAL TRUST COMPANY Et Al.Court of Appeals of Georgia · 2016
  2. Smith v. Guest Pond Club, Inc.Supreme Court of Georgia · 2003
  3. Focus Entertainment International, Inc. v. Partridge Greene, Inc.Court of Appeals of Georgia · 2001
  4. Fontaine Condominium Ass'n v. SchnackeCourt of Appeals of Georgia · 1998
  5. Mosley v. H. P. S. C., Inc.Supreme Court of Georgia · 1996

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