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Negotiated Return of Lien Collateral to Subordinate Party

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Negotiated Return of Lien Collateral to Subordinate Party

We represented the seller of a prime downtown Atlanta parcel in suing the purchaser for the balance due under second lien position installment note. After defeating purchaser’s fraud counterclaims on summary judgment, we negotiated a return of the parcel to seller despite the third party lender holding first priority lien position. Centennial Park East, LLC v. Centennial Vista, LLC and Edward DeGuardiola, In the Superior Court of Fulton County Civil (Judge T. Bedford Jackson).

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