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FIRST FED. &c. ASSN. v. I. T. S. R. E., LTD.

62157.

159 Ga. App. 861 (1981)

285 S.E.2d 593

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF DETROIT v. I. T. S. R. E., LTD. et al.

Court of Appeals of Georgia.

Decided October 8, 1981.

Attorney(s) appearing for the Case

Judson Graves, Robert Walling, for appellant.

Frank A. Lightmas, Jr., Edgar H. Sims, Jr., for appellees.

POPE, Judge.

The initial action in this lengthy litigation was filed in federal district court by appellees I. T. S. R. E., Ltd. and I. R. E. Realty Advisors, Inc., (a Florida real estate investment limited partnership and its corporate general partner, hereinafter collectively referred to as "IRE") against appellant First Federal Savings & Loan Association of Detroit (First Federal) on May 22, 1975. These parties were involved in a complex real estate transaction...

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