Barassi v. Matison

OPINION

HOWARD, Chief Judge.

This is an action on a note and mortgage. The trial court, after making findings of fact and conclusions of law, ordered a foreclosure and awarded appellees $116,255.29 plus interest, costs and attorney’s fees. Based on the doctrine of res judicata and collateral estoppel, appellants contend appellees were not entitled to a judgment on the note. We do not agree.

The parties were previously before this court in Matison v. Barassi, 118 Ariz. 538, 578 P.2d 619 (1978). Briefly, the facts of that case were as follows. Barassi is an attorney; Matison is a real estate…