Georgia Pacific Corp. v. First National Bank of Atlanta

Webb, Judge.

Georgia Pacific Corporation, a materialman, brought suit on an account against defendant bank seeking to recover for the value of materials furnished to a developer in a construction project financed by the bank. Georgia Pacific’s theory of recovery was that the bank, while only a conventional lender for the project at the time the materials were furnished, had become a joint venturer with the financially-troubled developer in order to protect its interests and had thus impliedly accepted all liabilities previously incurred by him.

We affirm the grant of summary judgment to the…