Fleetwood v. Med Center Bank

JONES, Justice.

This is a subrogation case. M.D. Fleet-wood, appellant, sued Med Center Bank (Med Center), appellee, seeking a judgment declaring that Fleetwood’s leasehold interest in certain commercial property was superior to Med Center’s interest in the same property, which it acquired at a non-judicial foreclosure sale. Med Center counterclaimed, also seeking declaratory relief. The trial court granted summary judgment for Med Center, declaring that Med Center had become subrogated to rights under a prior deed of trust (also held by Fleetwood) that was superior to Fleetwood’s leasehold…