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TELECASH INVESTMENTS, INC. v. LAGRONE

Nos. A99A0820-A99A0822.

525 S.E.2d 112 (1999)

241 Ga. App. 66

TELECASH INVESTMENTS, INC. v. LAGRONE et al. Lagrone v. Telecash Investments, Inc. Stacy v. Telecash Investments, Inc.

Court of Appeals of Georgia.

Reconsiderations Denied November 23, 1999.

Certiorari Denied March 24, 2000.

Attorney(s) appearing for the Case

Freedman & Sinowski, Thomas C. Sinowski, John M. Foy, Atlanta, for Telecash Investments, Inc.

Maurice J. Bernard III, Atlanta, for Lagrone.

Thomas C. Blaska, Atlanta, for Stacy.

RUFFIN, Judge.

Telecash Investments, Inc. sued Glenn Lagrone and Gilbert Thomas Stacy to recover on a guaranty agreement. Following a bench trial, the trial court found in favor of the defendants, and Telecash appeals. Both Lagrone and Stacy filed cross-appeals. As all three appeals involve the same operative facts, we have consolidated them in this opinion. For reasons that follow, we reverse.

The relevant facts follow. Lagrone and Stacy were officers and...

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