Atlantic Mortgage & Investment Corp. v. Stephenson

Opinion

FLYNN, J.

The defendants Joseph Stephenson and Phyllis Stephenson 1 appeal, and the plaintiff, Atlantic Mortgage & Investment Corporation cross appeals from the judgment of the trial court ordering a strict foreclosure on certain of the defendants’ real property in favor of the plaintiff and finding in favor of the defendants on their counterclaim, which alleged a breach of the implied covenant of good faith and fair dealing (implied covenant). On appeal, the defendants claim that the court improperly (1) awarded attorney’s fees to the plaintiff and (2) failed to credit insurance…