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BOWEN v. U.S. CAPITAL CORP.

1138

295 S.C. 201 (1988)

367 S.E.2d 474

Bronnie BOWEN, individually and for the benefit and on the behalf of all others similarly situated, Appellant v. U.S. CAPITAL CORPORATION, and Resort Development Corporation, a subsidiary of U.S. Capital Corporation, Respondents.

Court of Appeals of South Carolina.

Decided April 11, 1988.

Attorney(s) appearing for the Case

C. Bradley Ruffin, Jr., Surfside Beach, for appellant.

Hardwick Stuart, Jr., D. Christian Goodall, and Theodore von Keller of Adams, Quackenbush, Herring & Stuart, Columbia, for respondents.

Heard Jan. 26, 1988.

Decided April 11, 1988.

CURETON, Judge:

This case involves the right to accrued interest on downpayments placed in an interest bearing escrow account. The appellant, Bronnie Bowen, represents a class of over five hundred people who contracted to purchase condominium units from the defendants, U.S. Capital and Resort Development Corporation. Each purchaser provided a ten percent downpayment to the defendants which was deposited...

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