First Financial Bank v. Cs Assets, LLC

ORDER

WILLIAM H. STEELE, District Judge.

This matter comes before the Court on the Motion for Summary Judgment of Defendant (doc. 46) and on the Motion for Summary Judgment by Plaintiff (doc. 51). Both motions have been extensively briefed and are now ripe for disposition.

I. Nature of the Case.

This dispute involves two lenders who do not see eye to eye as to the redemption of real property under Alabama law. 1 Plaintiff, First Financial Bank (“First Financial”), and defendant, CS Assets, LLC (“CS Assets”), were both mortgagees for the same five parcels of property located on Little Lagoon in…