Legal Opinion
State Mutual Life Assurance Company of America v. Deer Creek Park, Burnac Mortgage Investors, Ltd.
Court of Appeals for the Sixth Circuit
Decided December 28, 1979No. 77-1393PublishedCited by 84 opinions
1Opinion of the Court
ENGEL, Circuit Judge.
While the facts are complicated, the dispute in this Michigan diversity action centers on competing mortgage interests held by plaintiff State Mutual Life Assurance Company of America and defendant Burnac Mortgage Investors, Inc., in a Michigan apartment-condominium development known as Deer Creek Park Apartments.
Prior to April, 1972, the Deer Creek project was beneficially owned by a partnership comprised of Mayer Morganroth and Martin Kopitz, encumbered by a $4,950,000 construction mortgage. In April, 1972, State Mutual became interested in acquiring an investment in…
2Cases cited29 opinions
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3Cited by84 opinions
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