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Ex-Rep. Jerguson faces contempt order, $640K default judgment
By JIM WALLS
May 14, 2013 — A federal judge has held former Rep. Sean Jerguson in contempt of court and entered a $640,000 default judgment against him and his partners in a Cedartown mobile home park.
U.S. District Judge Marvin Shoob ruled Thursday that Jerguson and Sapphire Pointe LLC were in “flagrant disregard” of the court’s February order compelling them to produce information and documents sought by the Bank of the Ozarks. The Arkansas-based lender sued in September 2012 alleging Sapphire Pointe had defaulted on a loan that Jerguson and his partners had personally guaranteed to repay.
The Cherokee County Republican served three terms in the Georgia House and won re-election to a fourth in November. He resigned before being sworn in so he could run for an open Senate seat, which he lost 58-42% to North Fulton Chamber of Commerce CEO Brandon Beach.
Jerguson declined to comment today.
Sapphire Pointe borrowed the money in 2004 to buy the Maplewood Mobile Home Park in Cedartown. Atlanta Unfiltered reported in January that Sapphire Pointe had been chronically late in paying its Polk County property taxes. Currently, the company owes $2,499 for 2011 and 2012 taxes.