Legal Opinion

Contestabile v. BUSINESS DEVELOPMENT CORP.

Supreme Court of Georgia

Decided January 12, 1990No. S89A0375PublishedCited by 7 opinions

1Opinion of the Court

Clarke, Chief Justice.

This appeal arises from an action by Robert Contestabile for a declaratory judgment and injunctive relief. Contestabile sought (1) a declaration that his personal guarantee of a debt owed to Business Development Corporation had been satisfied; and (2) an order enjoining foreclosure on his property. He alleged that Business Development Corporation held a commercially unreasonable private sale of primary collateral on a certain debt and that the debt should therefore be considered cancelled and satisfied. The trial court granted a temporary injunction, but, after a…

2Cases cited3 opinions

  1. Emmons v. BurkettSupreme Court of Georgia · 1987
  2. Reeves v. Habersham BankSupreme Court of Georgia · 1985
  3. United States Ex Rel. Farmers Home Administration v. KennedySupreme Court of Georgia · 1986

3Cited by7 opinions

  1. Givens v. Ichauway, Inc.Supreme Court of Georgia · 1997
  2. Business Development Corp. of Georgia, Inc. v. ContestabileSupreme Court of Georgia · 1992
  3. TAFEL v. LION ANTIQUE CARS & INVESTMENTS, INC.; And Vice VersaSupreme Court of Georgia · 2015
  4. J. M. Huber Corp. v. Georgia Marble Co.Court of Appeals of Georgia · 1999
  5. United States v. DawsonCourt of Appeals for the First Circuit · 1991

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