Pearlman v. Security Bank & Trust Co.

Ellington, Judge.

Security Bank &\ Trust Company of Albany (“Security Bank”) filed an action for equitable interpleader and declaratory relief against Ellen Pearlman pursuant to OCGA § 23-3-90. Security Bank claimed the right to all proceeds of an insurance policy covering the loss by fire to a home owned by Ellen Pearlman and her former husband, Jerry Pearlman. Ellen Pearlman claimed she was entitled to half the proceeds. Based on stipulated facts, the trial court found that Security Bank was entitled to all of the insurance proceeds and granted summary judgment in its favor. Ellen Pearlman…