Chief Justice TOAL.
This certified question asks whether South Carolina recognizes a secured creditor's right to bring a claim against a third party for causing a reduction in the value of the secured party's collateral. After giving the question full consideration, we answer "no."
FACTUAL/PROCEDURAL BACKGROUND
Beginning 1997, Goodrich & Pennington Mortgage Fund, Inc. ("G & P"), an originator of mortgage loans, entered into an agreement with...
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