A. J. Straus Paying Agency, Inc. v. Jensen

The question presented on this appeal is, to say the least,' unusual if not novel. The plaintiffs, as trustees under the trust deed, although represented at the foreclosure sale by counsel who bid competitively for the properties, would like to have another opportunity to bid at the *466foreclosure sale because they now believe that if they owned the properties they could probably sell them for prices that might net the bondholders more than will result from the sale of the premises to Melissa Clovis for $40,100, subject to outstanding taxes. The sale was duly noticed, advertised, and fairly…