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EDENS & AVANT INV. v. AMERADA HESS CORPORATION

No. 2299.

456 S.E.2d 406 (1995)

EDENS & AVANT INVESTMENT PROPERTIES, INC., Appellant, v. AMERADA HESS CORPORATION and Ryan's Family Steak Houses, Inc., Defendants, of whom Amerada Hess Corporation is Respondent.

Court of Appeals of South Carolina.

Decided January 30, 1995.

Rehearing Denied April 17, 1995.

Attorney(s) appearing for the Case

Thomas E. McCutchen and Evans Taylor Barnette, both of McCutchen, Blanton, Rhodes & Johnson, Columbia, for appellant.

John P. Linton and Edward K. Pritchard, both of Sinkler & Boyd, Charleston, for respondent.

HOWARD, Judge:

Edens & Avant Investment Properties, Inc., (E & A) appeals a circuit court order granting summary judgment to Amerada Hess Corporation (Hess). We affirm.

In 1989, E & A entered into a contract with Ryan's Family Steak Houses, Inc., (Ryan's) to purchase property from Ryan's. E & A intended to develop a shopping center. The contract required E & A to pay Ryan's earnest money in increments...

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