A $6 million loan made in 2008 by a Georgia bank that later failed has led to a big court battle between one of Mississippi's largest banks and an Atlanta millionaire.
Renasant Bank, based in Tupelo, Miss. (Nasdaq: RNST), on Feb. 17 sued John F. Smithgall, his wife and son and 19 of Smithgall's companies, saying Smithgall has refused to hand over $4 million that another court ordered him to pay Renasant.
The dispute dates back to 2008, when an Atlanta company of Smithgall's, Earth Resources of…Huwebes, Pebrero 19, 2015
Renasant Bank goes after Atlanta millionaire John F. Smithgall for unpaid millions
A $6 million loan made in 2008 by a Georgia bank that later failed has led to a big court battle between one of Mississippi's largest banks and an Atlanta millionaire.
Renasant Bank, based in Tupelo, Miss. (Nasdaq: RNST), on Feb. 17 sued John F. Smithgall, his wife and son and 19 of Smithgall's companies, saying Smithgall has refused to hand over $4 million that another court ordered him to pay Renasant.
The dispute dates back to 2008, when an Atlanta company of Smithgall's, Earth Resources of…
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