Griffin v. STATE BANK OF COCHRAN
Court of Appeals of Georgia
1Opinion of the Court
Miller, Presiding Judge.
State Bank of Cochran d/b/a First Laurens Bank (“FLB”) filed suit against MAL Rentals, LLC and Loretta M. Griffin to collect on a promissory note. In their answers to the complaint, MAL Rentals and Griffin raised several defenses, including estoppel. Griffin also asserted a counterclaim, alleging fraudulent inducement and securities fraud in violation of the former Georgia Securities Act of 1973. FLB filed a motion for summary judgment as to its collection claims and the counterclaim. The trial court denied FLB’s motion as to its collection claims, but granted the…
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