Rothstein v. First National Bank of Atlanta

Court of Appeals of Georgia

Rothstein v. First National Bank of Atlanta

233 S.E.2d 802, 141 Ga. App. 526, 1977 Ga. App. LEXIS 1976

CourtCourt of Appeals of Georgia

DecidedJanuary 28, 1977

Docket53286

StatusPublished

Cited by5 cases

This text of 233 S.E.2d 802 (Rothstein v. First National Bank of Atlanta) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Rothstein v. First National Bank of Atlanta, 233 S.E.2d 802, 141 Ga. App. 526, 1977 Ga. App. LEXIS 1976 (Ga. Ct. App. 1977).

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Opinion

Smith, Judge.

In the present action by a borrower against a defendant bank based upon alleged fraud in the execution of certain notes by the borrower and damage to the borrower’s credit resulting therefrom, there was no error in granting the defendant bank’s motion for summary judgment based upon res judicata or estoppel by judgment on the ground that in a prior action brought by the bank against the borrower upon said notes, in which the same alleged fraud was pleaded as a defense and as the basis of a counterclaim therein, a judgment was rendered in favor of the bank. This is true even though the alleged damage to the credit of the borrower (he was turned down for other loans) may have occurred after the judgment rendered in the prior suit, this for the reason that while the damages may have thus occurred in time, the factual situation out of which the damages allegedly arose, the alleged fraud of the bank, had been decided adversely to the borrower in the prior suit. See Code § 110-501; Smith v. Wood, 115 Ga. App. 265 (1) (154 SE2d 646).

Judgment affirmed.

Bell, C. J., and McMurray, J., concur. *527 Argued January 19, 1977 Decided January 28, 1977 Rehearing denied March 9, 1977. Herman B. Rothstein, pro se. Maley & Crowe, Wayne C. Crowe, W. Christopher Bracken, Ronald F. Johnson, for appellee.

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Smith, Judge.

In the present action by a borrower against a defendant bank based upon alleged fraud in the execution of certain notes by the borrower and damage to the borrower’s credit resulting therefrom, there was no error in granting the defendant bank’s motion for summary judgment based upon res judicata or estoppel by judgment on the ground that in a prior action brought by the bank against the borrower upon said notes, in which the same alleged fraud was pleaded as a defense and as the basis of a counterclaim therein, a judgment was rendered in favor of the bank. This is true even though the alleged damage to the credit of the borrower (he was turned down for other loans) may have occurred after the judgment rendered in the prior suit, this for the reason that while the damages may have thus occurred in time, the factual situation out of which the damages allegedly arose, the alleged fraud of the bank, had been decided adversely to the borrower in the prior suit. See Code § 110-501; Smith v. Wood, 115 Ga. App. 265 (1) (154 SE2d 646).

Judgment affirmed.

Bell, C. J., and McMurray, J., concur. *527 Argued January 19, 1977 Decided January 28, 1977 Rehearing denied March 9, 1977. Herman B. Rothstein, pro se. Maley & Crowe, Wayne C. Crowe, W. Christopher Bracken, Ronald F. Johnson, for appellee.

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233 S.E.2d 802, 141 Ga. App. 526, 1977 Ga. App. LEXIS 1976, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rothstein-v-first-national-bank-of-atlanta-gactapp-1977.

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