Legal Opinion

Unionamerica Mortgage & Equity Trust v. McDonald

Nevada Supreme Court

Decided April 10, 1981No. 12117PublishedCited by 56 opinions

1Opinion of the Court

OPINION

2Per curiam

Respondent Young Electric Sign Company commenced this action against respondent Joseph F. McDonald, Jr. seeking a judgment under a liquidated damage clause contained in an electric sign lease agreement between Young and McDonald.

McDonald answered the complaint and then filed a third-party complaint against appellant Unionamerica Mortgage and Equity Trust seeking indemnification for any judgment Young might be awarded against McDonald. After a trial on the merits, the court below entered a $28,946.02 judgment against Union. We reverse.

McDonald obtained a loan from Union to build the…

3Cases cited6 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. Trollope v. KoernerArizona Supreme Court · 1970
  3. Smith v. SmithIdaho Supreme Court · 1973
  4. L & a DRYWALL, INC. v. Whitmore Const. Co., Inc.Utah Supreme Court · 1980
  5. Dass v. EpplenSupreme Court of Colorado · 1967

1 more not listed; retrieve them via the Exa API.

4Cited by56 opinions

  1. Certified Fire Protection, Inc. v. Precision Construction, Inc.Nevada Supreme Court · 2012
  2. Leasepartners Corp. v. Robert L. Brooks TrustNevada Supreme Court · 1997
  3. Topaz Mutual Co. v. MarshNevada Supreme Court · 1992
  4. In re Processed Egg Products Antitrust LitigationDistrict Court, E.D. Pennsylvania · 2012
  5. Nevada Industrial Development, Inc. v. BenedettiNevada Supreme Court · 1987

51 more not listed; retrieve them via the Exa API.

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