Branch Banking & Trust Co. Ex Rel. Federal Deposit Insurance v. Meng

U.S. Court of Appeals for the Eleventh Circuit
Branch Banking & Trust Co. Ex Rel. Federal Deposit Insurance v. Meng, 598 F. App'x 900 (11th Cir. 2015)

Branch Banking & Trust Co. Ex Rel. Federal Deposit Insurance v. Meng

Opinion

PER CURIAM:

This appeal involves the amount of damages due in a multi-million dollar default of various promissory notes and guaranties involving real property in Georgia. The district court granted- Branch Banking & Trust Company’s (BB & T) unopposed motion for summary judgment and awarded damages totaling $8,416,147.82. The defendant-appellants do not challenge the district court’s conclusion that they were in default or the total calculation of damages. Rather, the only issue on appeal is whether the district court’s order fails to assign the amount of damages due from each defendant.

The parties agree that the district court’s order sets out the amount of damages due on each of the defaulted loans but that it does not identify which defendant owed those amounts. Our review confirms that the district court’s order should be more precise. Accordingly, we affirm the district court’s grant of summary judgment but remand for the limited purpose of correcting the judgment to indicate the specific amount of damages for which each defendant is responsible.

AFFIRMED in part and REMANDED in part.

Reference

Full Case Name
BRANCH BANKING & TRUST COMPANY, as Successor-In-Interest to the Federal Deposit Insurance Corporation, as Receiver for Colonial Bank, Plaintiff-Counter Defendant-Appellee, v. Paul MENG, Lance T. Gaude, Douglas R. Adams, Parkside Residential, LLC, Scenic Holdings, Inc., Northbridge Homes, LLC, Creekwood Homes, Inc., Strong Rock Holdings, Inc., Dodson Woods, LLC, Defendants-Counter Claimants-Appellants
Status
Unpublished