published Wednesday, August 10th, 2011

Graves, bank settle out of court


by Andy Johns

The lawsuit against U.S. Rep. Tom Graves over a failed motel in Calhoun has been dismissed after the two parties reached a settlement out of court.

Gordon County court officials said attorneys representing Bartow County Bank and Graves filed a joint dismissal minutes before 5 p.m. Wednesday. Both parties agreed to throw out the case “without prejudice of claims.”

Graves and state Sen. Chip Rogers, R-Woodstock, were scheduled to appear in court Thursday morning for a summary judgment hearing in a lawsuit alleging the two lawmakers had defaulted on a loan to the bank.

Edward Hine, the attorney for the bank declined to comment, but confirmed the dismissal.

Graves and his staff had been tight lipped about the case, but in a statement the lawmaker said he was pleased.

“All parties have been committed to finding a positive solution and I am pleased to share that our common goal has been achieved. I am happy this matter is fully resolved in an equitable and fair manner,” he said.

Being dismissed without prejudice leaves the door open for the bank to bring the case back up if more evidence is discovered.

No one brought up the hearing at Graves’ recent events in Catoosa County, but after a GOP meeting he said there was no new information.

Pickens County resident Nancy Kennell said she asked the Congressman about the loan issues at an ice cream social Tuesday.

“He kept eating his ice cream and asked me ‘Do you believe everything you read?’” she said in a phone interview Wednesday.

More in tomorrow's edition of the Times Free Press.

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about Andy Johns...

Andy began working at the Times Free Press in July 2008 as a general assignment reporter before focusing on Northwest Georgia and Georgia politics in May of 2009. Before coming to the Times Free Press, Andy worked for the Anniston Star, the Rome News Tribune and the Campus Carrier at Berry College, where he graduated with a communications degree in 2006. He is pursuing a master’s degree in business administration at the University of Tennessee ...

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callison said...

Do you believe everything you read?

I believe it a lot more than what comes out of your mouth.

August 10, 2011 at 8:30 p.m.
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