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PEPPERTREE RESORTSM, LTD. v. CABANA LTD.

No. 2009.

431 S.E.2d 598 (1993)

PEPPERTREE RESORTS, LTD., Plaintiff, v. CABANA LIMITED PARTNERSHIP, Maritime Development Corporation, William J. Reiner, Timothy Hayes, Rhonda L. Kelley, George Hunter McMaster, Greyhound Real Estate Finance Company, South Carolina Tax Commission and United States of America, Defendants, and PEPPERTREE RESORTS, LTD., Plaintiff, v. CABANA LIMITED PARTNERSHIP, Maritime Development Corporation, William J. Reiner, Timothy Hayes, Rhonda L. Kelley, George Hunter McMaster, Greyhound Real Estate Finance Company, South Carolina Tax Commission and United States of America, Defendants, of whom Cabana Limited Partnership is Appellant, and Peppertree Resorts, Ltd., Greyhound Real Estate Finance Company, the South Carolina Tax Commission, and the United States of America are Respondents.

Court of Appeals of South Carolina.

Decided May 10, 1993.

Attorney(s) appearing for the Case

M. Baron Stanton and George Hunter McMaster, Columbia, for appellant.

Preston B. Haines, III of Myrtle Beach; W. Cliff Moore, III, Asst. Atty. Gen. Arlene D. Hand, and Margaret B. Seymour, Columbia, for respondents.

CURETON, Judge:

Cabana Limited Partnership (Cabana) appeals the master's order denying its motion to compensate its attorneys from the proceeds of an insurance settlement. We reverse and remand.

Farmer's and Mechanic's Savings Bank1 held first and second mortgages on a timeshare condominium resort developed by Cabana. Greyhound Real Estate Finance Co. (GREFCO) held a third mortgage on the resort and a security interest in various...

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