Textile Rubber & Chemical Co. v. Thermo-Flex Technologies, Inc.
Court of Appeals of Georgia
1Opinion of the Court
Blackburn, Presiding Judge.
In this breach of contract action, Textile Rubber & Chemical Company appeals the summary judgment granted to Thermo-Flex Technologies arising out of Textile’s anticipatory breach of its contract with Thermo-Flex. We hold that the evidence is undisputed that Textile breached the contract by its anticipatory actions and that judgment in the amount of $500,000 (plus interest) was properly entered. However, because the other $1.5 million due under the contract was to be paid out of a percentage of Textile’s divisional net profits (after net income had reached a certain…
2Cases cited9 opinions
- Matjoulis v. Integon General Ins. Corp.Court of Appeals of Georgia · 1997
- Jinright v. RussellCourt of Appeals of Georgia · 1971
- James E. Warren, M.D., P.C. v. Weber & Warren Anesthesia Services, LLCCourt of Appeals of Georgia · 2005
- Coffee Butler Service, Inc. v. SachaSupreme Court of Georgia · 1988
- J. M. Clayton Co. v. MartinCourt of Appeals of Georgia · 1985
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3Cited by9 opinions
- Atlantech Incorporated v. American Panel CorporationCourt of Appeals for the First Circuit · 2014
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- Textile Rubber & Chemical Co. v. Thermo-Flex Technologies, Inc.Court of Appeals of Georgia · 2011
- Sandra Jackson Sheppard v. Bank of America, NACourt of Appeals for the Eleventh Circuit · 2013
- Tri-State Consumer Insurance v. Lexisnexis Risk Solutions, Inc.District Court, N.D. Georgia · 2012
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