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JIG REAL ESTATE v. COUNTRYWIDE HOME LOANS

No. S11A0046.

712 S.E.2d 820 (2011)

289 Ga. 488

JIG REAL ESTATE, LLC v. COUNTRYWIDE HOME LOANS, INC. et al.

Supreme Court of Georgia.

July 5, 2011.

Attorney(s) appearing for the Case

Lefkoff, Duncan, Grimes, McSwain & Hass, John R. Grimes , Atlanta, for appellant.

Stites and Harbison, Paul Jay Pontrelli , Atlanta, Richard A. Vance , Strickland, Brockington & Lewis, Mary M. Brockington , Atlanta, for appellee.

Bryan Cave Powell Goldstein , Walter G. Moeling, IV , Justin Michael Daniel , Atlanta, David Alfred Webster , Charles R. Bliss , John Ross Bartholomew, IV , Decatur, amici curiae.

HUNSTEIN, Chief Justice.

Appellant JIG Real Estate, a limited liability company that speculates in real estate, brought this appeal to challenge the ruling of the trial court upholding the constitutionality of OCGA § 9-13-172.1 (authorizing the rescission of foreclosure sales under certain conditions) in its suit against appellee Countrywide Home Loans in which JIG asserted it was entitled as high bidder to delivery of the Deed Under Power to the home of appellees...

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