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FENDER & LATHAM, INC. v. FIRST UNION NAT. BANK

No. 2197.

446 S.E.2d 448 (1994)

FENDER & LATHAM, INC., Appellant, v. FIRST UNION NATIONAL BANK OF SOUTH CAROLINA, Respondent.

Court of Appeals of South Carolina.

Decided June 20, 1994.

Rehearing Denied August 4, 1994.

Attorney(s) appearing for the Case

Olin L. Purvis, III, of Turner, Padget, Graham & Laney, Florence, for appellant.

Robert M. Erwin, Jr., Susan P. McDonald, and James F. McCrackin, all of Nelson, Mullins, Riley & Scarborough, Myrtle Beach, for respondent.

GOOLSBY, Judge:

Fender & Latham, Inc. brought this action for breach of contract against First Union National Bank of South Carolina after First Union refused to make a $1,050,000.00 loan to Fender & Latham. The trial court granted First Union's motion for summary judgment on the ground there was no contract between the parties. Fender & Latham appeals. We affirm.

In 1990, Fender & Latham decided to develop a cable television system, Marlboro...

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