Firm Prosecutes Unpaid Business Loan Claim on Behalf of Usher with Several Early Key Victories

Usher Raymond IV (p/k/a Usher) sued in Fulton County Superior Court in Georgia to recover the unpaid balance of a $1.7 million loan to an investor group seeking to purchase property for a planned restaurant/night club. The firm obtained a default judgment against two defendants and a default on liability against the entity that was formed to hold the property. The firm also defeated the remaining investors’ motions to dismiss the action. Mr. Raymond’s contract and quasi-contract claims will proceed even though the funds passed through a lawyer’s trust account and not the investors’ accounts. The case is presently in the discovery phase.