Legal Opinion
Resolution Trust Corp. v. Morrow Auto Center, Ltd.
Court of Appeals of Georgia
Decided January 6, 1995No. A94A2106PublishedCited by 15 opinions
1Opinion of the Court
Birdsong, Presiding Judge.
This is a suit for confirmation of a foreclosure sale and deficiency. Appellant Resolution Trust Corporation (RTC) foreclosed on a development property in the Atlanta metropolitan area. The original loan amount was $725,000. The amount of default is not cited to us nor is it stated in RTC’s demand letter or its petition, but the default was more than the $425,000 for which RTC bought the property at its foreclosure sale. In its order denying confirmation of the sale, the trial court recited that the appraiser/witness for RTC testified that the market value for the…
2Cases cited7 opinions
- Gutherie v. Ford Equipment Leasing Co.Court of Appeals of Georgia · 1992
- Wheeler v. Coastal BankCourt of Appeals of Georgia · 1987
- Adams v. Gwinnett Commercial BankCourt of Appeals of Georgia · 1976
- Davie v. SheffieldCourt of Appeals of Georgia · 1971
- Adams v. Gwinnett Commercial BankSupreme Court of Georgia · 1977
2 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Wilson v. Prudential Industrial Properties, LLCCourt of Appeals of Georgia · 2005
- Greg A. Becker Enterprises, Ltd. v. Summit Investment Management Acquisitions I, LLCCourt of Appeals of Georgia · 2012
- Village at Lake Lanier, LLC v. State Bank & Trust Co.Court of Appeals of Georgia · 2012
- McDowell v. Regions BankCourt of Appeals of Georgia · 2011
- RES-GALJY, LLC v. Y. D. I., Inc.Court of Appeals of Georgia · 2013
10 more not listed; retrieve them via the Exa API.