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STEARNS BANK NAT. v. GLENWOOD FALLS

No. 4231.

373 S.C. 331 (2007)

644 S.E.2d 793

STEARNS BANK NATIONAL ASSOCIATION, Plaintiff, v. GLENWOOD FALLS, LP, a South Carolina limited partnership; DC Development, Inc.; McBride Building Supplies & Hardware, Inc.; First Federal Savings and Loan Association of Charleston; Charleston Affordable Housing, Inc.; and the Building Center, Inc., Defendants, Of whom DC Development, Inc., is the Respondent, v. and Glenwood Falls, LP, a South Carolina limited partnership, is the Appellant.

Court of Appeals of South Carolina.

Decided April 9, 2007.

Rehearing Denied May 17, 2007.

Attorney(s) appearing for the Case

Michael W. Tighe and Mary Dameron Milliken, of Columbia, for Appellant.

William E. Booth, III, of West Columbia, for Respondent.

KITTREDGE, J.:

Glenwood Falls, LP, appeals the master's order denying its motion to set aside a default judgment. We affirm.

I.

Glenwood Falls is a South Carolina limited partnership. Glenwood Falls hired DC Development, a South Carolina corporation, to construct apartments on real property Glenwood Falls owned in York County. To fund this project, Glenwood Falls obtained a $1.8 million mortgage from Stearns...

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