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State Courts -
Georgia - March 16 - March 17, 2006
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Peach Consol. Props., LLC v. Carter, A05A1859, A05A1860.,
COURT OF APPEALS OF GEORGIA, March 16, 2006, Decided
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Overview: As a co-trustee was aware of the negotiations to sell trust property, but was not involved in the same, the absence of his signature on the sales contract did not render said documents unenforceable. Thus, because estoppel by silence did not apply, the co-trustee could object to the sale of his trust property.
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Cox v. U.S. Mkts., Inc., A05A1894.,
COURT OF APPEALS OF GEORGIA, March 17, 2006, Decided
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Overview: A guaranty to which a promissory note showing the debt guaranteed was attached complied with the statute of frauds, O.C.G.A. § 13-5-30, and no mutual mistake as to the amount guaranteed was shown. The creditor's general manager, who was not employed by the creditor when the debt was guaranteed, had personal knowledge that the debt was in default.
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