Wachovia Bank N.A. v. Gemini Equipment Co.

EVANS, J.,

After more than seven years of litigation, this straight forward collection case concerning defendant Gemini’s default on a loan and a line of credit finally was heard by the court in a non-jury trial on November 30 and December 1, 2005.1 On May 25, 2006, this court issued detailed findings of fact and an order in favor of the plaintiff Wachovia Bank in the amount of $2,053,557.48. This amount included $1,849,272.83, representing the outstanding balances (principal and interest) owed to the bank as of the time oftrial and attorney’s fees in the amount of $204,284.65. Gemini’s…