PEACHTREE &c. INVESTORS v. REED DRUG CO.

40100, 40101, 40102.

251 Ga. 692 (1983)

308 S.E.2d 825

PEACHTREE ON PEACHTREE INVESTORS, LTD. et al. v. REED DRUG COMPANY (two cases). REED DRUG COMPANY v. PEACHTREE ON PEACHTREE INVESTORS, LTD. et al.

Supreme Court of Georgia.

Rehearing Denied December 5, 1983.


Attorney(s) appearing for the Case

Arnall, Golden & Gregory, Richard N. Hubert, Mark J. Clark, for Peachtree on Peachtree Investors, Ltd. et al.

Ware, Parker, Johnson, Cook & Dunlevie, Kirk W. Watkins, for Reed Drug Company.


CLARKE, Justice.

These cases involve the interpretation of provisions in a lease agreement, whether the lessor has breached the agreement and, if a breach has occurred, whether the trial court was correct in finding equitable relief is inappropriate. We agree with the court below that the agreement was breached and hold that monetary damages are appropriate.

The lease was executed between the Reed Drug Company (Reed) and Georgia Baptist Homes, Inc., as lessor...

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