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NATIONAL BANK OF GA. v. FIRST NAT. BANK HOLDING

Civ. A. No. 1:86-CV-2726-JTC.

723 F.Supp. 1501 (1989)

NATIONAL BANK OF GEORGIA and NBG Pensacola Corporation, Plaintiffs, v. FIRST NATIONAL BANK HOLDING CORPORATION, Defendant.

United States District Court, N.D. Georgia, Atlanta Division.

July 14, 1989.

Attorney(s) appearing for the Case

John A. Chandler, Sutherland, Asbill & Brennan, Atlanta, Ga., for plaintiffs.

Steven M. Collins, Jennifer Ann Brown, Alston & Bird, Atlanta, Ga., David L. Fleming, Liberis Sauls & Fleming, Pensacola, Fla., for defendant.

ORDER

CAMP, District Judge.

This action comes before the Court on plaintiffs' Motion for Summary Judgment and defendant's Motion for Partial Summary Judgment. For the reasons detailed below, plaintiffs' Motion for Summary Judgment is DENIED and defendant's Motion for Partial Summary Judgment is GRANTED IN PART.

I. Facts

In 1983, plaintiff National Bank of Georgia ("NBG") made a loan in the principal

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