Aurora Loan Services LLC, et al. v. Linda S. Elam, et al.

This is an appeal of a grant of summary judgment. Defendant Linda Elam conveyed property owned by her individually to Defendant Trust. This property was then pledged as collateral to secure a construction loan for the Trust. Defendants Fred and Linda Elam then obtained another loan in their individual capacities. Appellee’s predecessor in interest obtained ownership of the Defendants’ individual loan and brought suit seeking to have the conveyance of the property to the Trust declared void. On the Appellee’s first motion for summary judgment, the trial court found the conveyance of the property to the trust to be valid. On Appellee’s second motion for summary judgment, the trial court found that the property owned by the trust had been pledged as collateral for the second loan made to Defendants Fred and Linda Elam. Appellant, Fred Elam, appealed in his individual capacity. We conclude that Appellant cannot prosecute the appeal, and the appeal is dismissed.