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ATLANTA EMP. ZONE CORP. v. LIGHT ENERGY MGT., INC.

No. A04A1470.

605 S.E.2d 124 (2004)

269 Ga. App. 728

ATLANTA EMPOWERMENT ZONE CORPORATION v. LIGHT ENERGY MANAGEMENT, INC. et al.

Court of Appeals of Georgia.

September 24, 2004.

Attorney(s) appearing for the Case

Thomas, Kennedy, Sampson, & Patterson, Pickens A. Patterson, Jr., Atlanta, for appellant.

Welch, Spell, Reemsnyder & Pless & Davis, Ronald D. Reemsnyder, Atlanta, for appellees.

ADAMS, Judge.

Atlanta Empowerment Zone Corporation ("Zone") filed an Application for Confirmation of Sale Under Power (the "Application") in the Superior Court of Clayton County. According to the Application, Light Energy Management, Inc. had defaulted under the terms of a promissory note payable to Zone in the principal amount of $3,250,000. The note was secured by real estate subject to a deed to secure debt recorded in the Superior Court of Fulton County. In accordance...

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