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SARO INVESTMENTS v. OCEAN HOLIDAY PARTNERSHIP

No. 2142.

441 S.E.2d 835 (1994)

SARO INVESTMENTS, a South Carolina General Partnership, Respondent, v. OCEAN HOLIDAY PARTNERSHIP, a Virginia General Partnership; South and South Rentals, Inc., as General Partner of Ocean Holiday Partnership, a Virginia General Partnership; Duke Partnership, as General Partner of Ocean Holiday Partnership, a Virginia General Partnership; J.B. South, Individually; Mary S. Mullins, Individually; Lang M. Schupp, Individually; Ray A. Schupp, Individually and D.A. Dessouky, Individually, of which Ocean Holiday Partnership, a Virginia General Partnership; South and South Rentals, Inc., as General Partner of Ocean Holiday Partnership, a Virginia General Partnership; Duke Partnership, as General Partner of Ocean Holiday Partnership, a Virginia General Partnership; J.B. South, Individually; Mary S. Mullins, Individually; Lang M. Schupp, Individually and Ray A. Schupp, Individually, are Appellants.

Court of Appeals of South Carolina.

Decided February 22, 1994.

Attorney(s) appearing for the Case

William W. DesChamps, Jr., Myrtle Beach, for appellants.

John E. Copeland, Bellamy, Rutenberg, Copeland, Epps, Gravely & Bowers, Myrtle Beach, for respondent.

CURETON, Judge.

This case centers on rights under two promissory notes and a related wrap-around mortgage. This appeal is from the denial of Ocean Holiday Partnership's (OHP)1 motion under Rule 60(b)(5), SCRCP for relief from a prior judgment obtained against it by respondent, Saro Investments, on the ground it is no longer equitable that the prior judgment should have prospective application,2 and from a post...

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