Legal Opinion
Brooks v. Resolution Trust Corp.
Supreme Court of Alabama
Decided June 5, 1992No. 1900903PublishedCited by 16 opinions
1Opinion of the Court
Bruce Brooks, Elizabeth Brooks, and AmSouth Bank, N.A. ("purchasers"), appeal from a judgment denying their requests for equitable subrogation to the rights of Ono East, Inc. ("Ono East"), the holder of a real estate mortgage senior to one held on the same real estate by Jefferson Federal Savings and Loan Association of Birmingham ("Jefferson Federal"). We reverse and remand.
On April 20, 1984, Ono East conveyed a parcel of real estate to Yeager Realty Corporation ("Yeager") by a vendor's lien deed, which secured the unpaid portion of the purchase price by a vendor's lien. On April 26, 1984,…
2Cases cited11 opinions
- Stiles v. BrownSupreme Court of Alabama · 1980
- Perdue v. RobertsSupreme Court of Alabama · 1975
- New England Mortgage Security Co. v. FrySupreme Court of Alabama · 1904
- Shields v. HightowerSupreme Court of Alabama · 1926
- Whitson v. Metropolitan Life Ins. Co.Supreme Court of Alabama · 1932
6 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Bank of New York v. NallyIndiana Supreme Court · 2005
- Houston v. Bank of America Federal Savings BankNevada Supreme Court · 2003
- Wells Fargo Bank, Minnesota, N.A. v. CommonwealthKentucky Supreme Court · 2011
- State Dept. of Revenue v. AckerCourt of Civil Appeals of Alabama · 1994
- Sourcecorp, Inc. v. NorcuttCourt of Appeals of Arizona · 2011
11 more not listed; retrieve them via the Exa API.