Landor Condominium Consultants, Inc. v. Bankers First Federal Savings & Loan Ass'n

McMurray, Presiding Judge.

Plaintiffs, Landor Condominium Consultants, Inc. (“Landor”) and The Colony Place Company (“Colony Place”), brought suit against Bankers First Federal Savings & Loan Association (hereinafter referred to as “bank”) and Edmond M. Smith, a vice-president of the bank, seeking damages for breach of contract, wrongful foreclosure and violations of Georgia’s Racketeer Influenced & Corrupt Organizations Act (“RICO”). The superior court granted summary judgment to defendants and plaintiffs appeal. Held:

Colony Place and Landor attempted to develop a condominium project in…