Legal Opinion
Third World, Ltd. No. II, Inc. v. Brewmasters of Augusta, Inc.
Court of Appeals of Georgia
Decided July 15, 1980No. 59946PublishedCited by 10 opinions
1Opinion of the Court
Birdsong, Judge.
Under a lease purchase agreement, effective January 30, 1976, appellants Third World Ltd. No. II, Inc. (“Third World”) and James Brown took possession of a former restaurant owned by the appellees (“Brewmasters”), and converted it to a nightclub business. The agreement provided for monthly lease payments of $6,175 for twenty months and obligated Third World to then purchase the property for $370,445 less lease payments. As security for the agreement, Brewmasters demanded and received a deed to secure debt on certain other property of Brown.
After making lease payments of…
2Cases cited6 opinions
- Georgia-Carolina Brick & Tile Co. v. BrownCourt of Appeals of Georgia · 1980
- KEN-MAR CONSTRUCTION COMPANY, INC. v. BowenSupreme Court of Georgia · 1980
- Browning v. RichardsonSupreme Court of Georgia · 1935
- Shell Petroleum Corp. v. JacksonCourt of Appeals of Georgia · 1933
- Tara Apartments, Ltd. v. Citizens & Southern National BankCourt of Appeals of Georgia · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Western United Realty, Inc. v. IsaacsSupreme Court of Colorado · 1984
- Management Assistance, Inc. v. Computer Dimensions, Inc.District Court, N.D. Georgia · 1982
- Jackson v. Brinegar, Inc.Court of Appeals of Georgia · 1983
- Associated Software Consultants Organization, Inc. v. WysockiCourt of Appeals of Georgia · 1985
- Lester v. BirdCourt of Appeals of Georgia · 1991
5 more not listed; retrieve them via the Exa API.