GA trial court’s partial grant of summary judgment to bank on its conversion claim and suit on promissory note and guaranty agreements against development company, VACATED.

GA trial court’s partial grant of summary judgment to bank on its conversion claim and suit on promissory note and guaranty agreements against development company, VACATED, and case remanded for bank to elect its remedy; although bank was free to pursue recovery under alternative theories, such as conversion and suit on note, it was entitled to only one satisfaction of damages.

Marvin Dev. Co. V. United Community Bank, A09A1824 (03/02/10), 10 FCDR 634

From:  Fulton County Daily Report, March 19, 2010.