Two courts ruled simultaneously that a pair of would-be real estate developers, including National Football League player Charles Woodson, must pay more than $9.5 million for defaulting on a loan for a failed development they planned near the Georgia Dome.
On Nov. 21, the Georgia Court of Appeals affirmed a summary judgment order holding the investors liable for their debt. The same day, Fulton County Superior Court Judge Christopher Brasher put a price tag on the loss: nearly $6 million for the loan from the now-failed Premier Bank in Missouri, about $2.3 million in interest, nearly $1 million in legal fees, and the remainder in taxes and other costs.
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