Rock Ivy Holding, LLC v. RC Properties, LLC

OPINION

FRANK G. CLEMENT, JR., J.,

delivered the opinion of the Court,

in which PATRICIA J. COTTRELL, P.J:, M.S., and ANDY D, BENNETT, J., joined. , .

This multi-faceted business dispute, which arises in principal part from the real estate collapse of 2008, involves five limited liability companies, eight individuals who are either members or officers of the respective companies, 530 acres of undeveloped real estate, and $7 million of secured notes that were personally guaranteed by six of the individuals. Over the course of two years, SunTrust Bank, the *628holder of the notes, agreed to extensions…