Norwest Bank (Minnesota), N.A. v. Symington
Court of Appeals of Arizona
1Opinion of the Court
OPINION
SULT, Judge.
¶ 1 Appellant J. Fife Symington III appeals from the denial of his motion under Rule 60(c), Arizona Rules of Civil Procedure, to set aside a deficiency judgment obtained against him. We find that appellee Pension Funds, for whom Norwest Bank is custodian, unfairly obtained the judgment, and the trial court therefore erred in refusing to vacate the judgment.
BACKGROUND
¶ 2 In 1990, Mercado Developers Limited Partnership obtained a $10 million loan from appellee to provide permanent financing for the Mercado shopping center. As security for the loan, the partnership gave…
2Cases cited11 opinions
- Martha Ann Brundage Rozier v. Ford Motor CompanyCourt of Appeals for the Fifth Circuit · 1978
- Anne Anderson v. Cryovac, Inc., Anne Anderson v. Beatrice Foods Co.Court of Appeals for the First Circuit · 1988
- City of Phoenix v. GeylerArizona Supreme Court · 1985
- Brown v. Superior Court in & for Maricopa Cy.Arizona Supreme Court · 1983
- Patent Scaffolding Co. v. William Simpson Construction Co.California Court of Appeal · 1967
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3Cited by21 opinions
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- Pipkins v. TA Operating Corp.District Court, D. New Mexico · 2006
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