Legal Opinion
Crescom Bank v. Terry
District Court, D. South Carolina
Decided March 7, 2013No. 2:12-cv-00063-PMDPublishedCited by 7 opinions
1Opinion of the Court
ORDER
PATRICK MICHAEL DUFFY, District Judge.
This matter is before the Court upon Defendant Edward L. Terry’s (“Terry”) Motion to Stay Proceedings (“Motion”). For the reasons that follow, the Court will not stay the action in its entirety at this juncture.
BACKGROUND
On January 5, 2012, Plaintiff CresCom Bank (“CresCom”) sued Defendant CCT Reserve, LLC (“CCT”) to recover on four separate loans secured by promissory notes and mortgages executed by CCT and its predecessor companies.1 CresCom also sued Terry as the guarantor of the promissory notes.
On August 31, 2012, CCT filed a Chapter 11 Petition…
2Cases cited3 opinions
- A.H. Robins Co. v. PiccininCourt of Appeals for the Fourth Circuit · 1986
- Credit Alliance Corporation v. Gary L. Williams, and Penn Hook Coal Company, Inc. Malcolm C. Williams, Jr.Court of Appeals for the Fourth Circuit · 1988
- Chicago Title Ins. Co. v. LernerDistrict Court, S.D. Florida · 2010
3Cited by7 opinions
- Southwest Airlines Co. v. Tidewater Finance Co. (In re Cole)United States Bankruptcy Court, N.D. Georgia · 2016
- First Bank of Dalton v. Manton Family P'ship, LLLP (In re Manton)United States Bankruptcy Court, N.D. Georgia · 2018
- Nhi Reit of TX-IL, LLC v. Lasale Grp., Inc.District Court, M.D. Tennessee · 2019
- 7-Eleven, Inc. v. Sisara LLCDistrict Court, W.D. Virginia · 2025
- Financial Pacific Leasing, Inc. v. Smoove and Easy Delivery Company LLCDistrict Court, W.D. Virginia · 2025
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