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SPEEDWAY MOTORSPORTS, INC. v. PINNACLE BANK

Nos. A11A2350, A11A2351, A11A2352.

727 S.E.2d 151 (2012)

315 Ga. App. 320

SPEEDWAY MOTORSPORTS, INC. et al. v. PINNACLE BANK. Speedway Motorsports, Inc. et al. v. Blihovde et al. Speedway Motorsports, Inc. et al. v. Blihovde et al.

Court of Appeals of Georgia.

March 29, 2012.

Attorney(s) appearing for the Case

A.J. Welch Jr. , William Albert White , McDonough, Santana Tarail Flanigan , Michael G. Adams , A. Todd Sprinkle , Morgan H. Rogers , for Speedway Motorsports, Inc. et al.

R. Michael Thompson , Norcross, Eugene A. Medori Jr. , Decatur, John E. Tomlinson , Stone Mountain, Denise Arenth Miller , Adam Lewis Hoipkemier , Atlanta, Eric T. Johnson , Woodstock, Thomas T. Tate , Duluth, Robert Matthew Reeves , for Blihovde et al.

Delia Corinne Elder , Norcross, for Pinnacle Bank.

BLACKWELL, Judge.

Between April 2006 and September 2010, David R. Blihovde, Jr. allegedly defrauded Speedway Motorsports, Inc. and its subsidiary, Speedway Motorsports International, Ltd., of more than $.5 million. Speedway1 discovered the fraud after Blihovde died in October 2010, and about a month later, it filed a lawsuit against several individuals and businesses to whom Blihovde allegedly had diverted the proceeds of his fraud, seeking...

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