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IN RE RYAN INV. CO., INC.

No. 24960.

335 S.C. 392 (1999)

517 S.E.2d 692

In re RYAN INVESTMENT CO., INC., Debtor. Charles P. Summerall, IV, Trustee for Ryan Investment Co., Inc., Plaintiff/Appellee, v. Richland County, a political subdivision of the State of South Carolina, and Jeremiah Davis, Defendants, Of whom Jeremiah Davis is Defendant/Appellant.

Supreme Court of South Carolina.

Decided June 28, 1999.

Attorney(s) appearing for the Case

Reid B. Smith, of Columbia, for defendant/appellant.

Julius H. Hines, of Buist, Moore, Smythe & McGee, P.A., of Charleston, for plaintiff/appellee.

MOORE, Justice:

Ryan Investment Co. (Debtor Corporation) owned real property in Richland County that was sold at a tax sale for failure to pay 1992 taxes. The successful bidder assigned its bid to defendant/appellant Davis (Buyer). Debtor Corporation subsequently filed for relief in Bankruptcy Court. Plaintiff/appellee (Trustee) moved to set aside the tax sale on the ground the Richland County Treasurer had failed to comply...

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