Ambac Indemnity Corp. v. Akridge
Supreme Court of Georgia
1Opinion of the Court
Fletcher, Justice.
Ambac Indemnity Corporation, an insurer of municipal bonds, appeals from the trial court’s order declaring invalid a contract between Berrien County and the Berrien County Resource Recovery Development Authority and granting a permanent injunction prohibiting the levy of taxes to pay for revenue bonds for a recycling facility. We conclude that the validation order issued December 1, 1988, in the bond validation proceeding is conclusive on the validity of the contract and reverse.
The county and authority entered into an intergovernmental contract in November 1988 for the…
2Cases cited9 opinions
- Sheffield v. State School Bldg. AuthoritySupreme Court of Georgia · 1952
- Bugden v. BugdenSupreme Court of Georgia · 1968
- CHARLTON DEVELOPMENT AUTHORITY v. Charlton CountySupreme Court of Georgia · 1984
- Miller v. Columbus, GeorgiaSupreme Court of Georgia · 1972
- Youngblood v. State of Ga.Supreme Court of Georgia · 1990
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3Cited by15 opinions
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- Quarterman v. Douglas County Board of CommissionersSupreme Court of Georgia · 2004
- Woodham v. City of AtlantaSupreme Court of Georgia · 2008
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