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CRESCOM BANK v. TERRY

No. 2:12-cv-00063-PMD.

499 B.R. 494 (2013)

CRESCOM BANK, successor by merger to Community FirstBank, Plaintiff, v. Edward L. TERRY, Harris Street, LLC, n/k/a CCT Reserve, LLC; Sugarloaf Marketplace, LLC; and CCT Reserve, LLC, Defendants.

United States District Court, D. South Carolina, Charleston Division.

March 7, 2013.

Attorney(s) appearing for the Case

Meredith Long Coker , Charles S. Altman , Altman and Coker, Charleston, SC, for Plaintiff.

Daniel F. Blanchard, III , Richard S. Rosen , Rosen Rosen and Hagood, Charleston, SC, Philip H. Weener , Weener and Nathan , Atlanta, GA, for Edward L. Terry.

ORDER

PATRICK MICHAEL DUFFY, District Judge.

This matter is before the Court upon Defendant Edward L. Terry's ("Terry") Motion to Stay Proceedings ("Motion"). For the reasons that follow, the Court will not stay the action in its entirety at this juncture.

BACKGROUND

On January 5, 2012, Plaintiff CresCom Bank ("CresCom") sued Defendant CCT Reserve, LLC ("CCT") to recover on four separate loans secured by promissory notes and...

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