Legal Opinion
Threadmill, Ltd. v. FIRST UNION NATIONAL BANK OF GEORGIA
Court of Appeals of Georgia
Decided March 9, 1993No. A92A2293PublishedCited by 5 opinions
1Opinion of the Court
Johnson, Judge.
The Downtown Development Authority of Austell, Georgia issued $8,000,000 in bonds to generate loan proceeds to be used for the renovation of an historic mill owned by Threadmill, Ltd. Threadmill guaranteed repayment of the $8,000,000 by executing a loan agreement, a promissory note, and a deed to secure debt in favor of the authority. The promissory note was principally secured by the mill. The authority assigned the promissory note, loan agreement, and deed to secure debt to Georgia State Bank as indenture trustee. First Union National Bank of Georgia became the successor…
2Cases cited6 opinions
- Kennedy v. Gwinnett Commercial BankCourt of Appeals of Georgia · 1980
- Dickey v. HardenCourt of Appeals of Georgia · 1992
- Light v. Equitable Mortgage Resources, Inc.Court of Appeals of Georgia · 1989
- Dunlap v. First Rock Credit Corp.Court of Appeals of Georgia · 1990
- Spicewood, Inc. v. Dykes Paving & Construction Co.Court of Appeals of Georgia · 1991
1 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Gordon v. South Central Farm Credit, ACACourt of Appeals of Georgia · 1994
- Second Continental, Inc. v. Atlanta E-Z Builders, Inc.Court of Appeals of Georgia · 1999
- Geary v. Wilshire Credit Corp.Court of Appeals of Georgia · 2009
- Hoepner v. Wachovia Corp.North Carolina Business Court · 2001
- Williams v. South Central Farm Credit, ACACourt of Appeals of Georgia · 1994