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NISSAN MOTOR ACC. CORP. v. STOVALL NISSAN, INC.

Nos. A96A2322, A96A2323.

480 S.E.2d 322 (1997)

224 Ga. App. 295

NISSAN MOTOR ACCEPTANCE CORPORATION v. STOVALL NISSAN, INC. STOVALL NISSAN, INC. v. NISSAN MOTOR ACCEPTANCE CORPORATION.

Court of Appeals of Georgia.

January 21, 1997.

Attorney(s) appearing for the Case

Gorby & Reeves, Michael J. Gorby, Karen E. Cooper, Levine & Block, Stephen H. Block, Atlanta, for appellant.

Starkey, Land & Crowley, G. Roger Land, Robert C. Koski, Atlanta, for appellee.

BLACKBURN, Judge.

Nissan Motor Acceptance Corporation (NMAC), a financing company, had contracts with Stovall Nissan, Inc. (Stovall), a car dealership, to provide wholesale and retail financing for Stovall's customers purchasing Nissan cars and trucks. Under this arrangement, NMAC purchased motor vehicle installment sales contracts from Stovall. The current dispute arose when NMAC accused Stovall of selling NMAC chattel paper of this type containing misrepresentations...

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