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Alabama suit over $1M loan names Michigan coach
Posted: 03.25.2010 at 12:01 AM
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(AP) --       TUSCALOOSA, Ala. (AP) - A lawsuit seeking repayment of a $1
million loan for a condominium project near Alabama's football
stadium has been filed against Michigan coach Rich Rodriguez and
several others for alleged breach of contract.
      The suit filed in federal court by the West Columbia Trading
Company claims a corporation formed to develop The Legends of
Tuscaloosa condominiums owes more than $995,000 plus interest on a
$1 million loan for the project made in 2006.
      An attorney for Rodriguez, Mike Brown, did not immediately
respond to a request for comment Wednesday from The Associated
Press. Brown is listed as manager of Palmetto State Enterprises,
LLC, another defendant.
      The suit is similar to one filed in South Carolina involving a
condominium project near Virginia Tech's football stadium.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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