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GEORGIA LIFE & HEALTH v. GILMAN PAPER CO.

No. A01A0055.

549 S.E.2d 751 (2001)

249 Ga. App. 767

GEORGIA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION v. GILMAN PAPER COMPANY DEFERRED COMPENSATION SAVINGS & INVESTMENT PLAN.

Court of Appeals of Georgia.

May 30, 2001.

Attorney(s) appearing for the Case

Mabry & McClelland, Wilbur C. Brooks, Chambers, Aholt & Rickard, Atlanta, Dale C. Ray, Jr., Suwanee, for appellant.

John D. Marshall, Atlanta, for appellee.

ELLINGTON, Judge.

Georgia Life & Health Insurance Guaranty Association ("the Association") appeals from the trial court's order granting summary judgment in favor of Gilman Paper Company Deferred Compensation Savings & Investment Plan ("the Plan") and from the order denying the Association's motion for summary judgment. This suit arises from the Plan's purchase of a guaranteed interest contract ("GIC") from a life insurance company that later went bankrupt...

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