Fibertex, Inc. v. Caldwell

Undercofler, Presiding Justice.

United Bonding Insurance Company, an Indiana corporation qualified to do business in Georgia, became insolvent in 1971. Appellee was appointed ancillary receiver in Georgia. At that time appellant held a Georgia judgment against United in the principal amount of $10,487.16 with interest at 7% from October 19,1970. The ancillary receiver in his final report to the Fulton Superior Court among other things recommended payment of the principal amount only of appellant’s judgment. Upon the filing of the final report a judge of the Fulton Superior Court issued an…