Ashmore v. Herbie Morewitz, Inc.
Supreme Court of Virginia
1Opinion of the CourtJustice Compton
In this creditors’ rights controversy arising from a real estate sales transaction, the principal issues are whether fraud has been established in connection with the execution of a subordination agreement and, if so, whether application of the third party beneficiary statute, Code § 55-22, affects the priority of liens. A subsidiary issue deals with the nature of the fraud.
In April 1994, plaintiff Mildred H. Ashmore filed a bill of complaint against defendants Herbie Morewitz, Inc., Herbert Morewitz, n, Statewide, Inc., Raymond H. Suttle, Jr., Trustee, and Richard M. Macaluso, Trustee. The…
2Cases cited4 opinions
- Fred C. Walker Agency, Inc. v. LucasSupreme Court of Virginia · 1975
- Thompson v. BaconSupreme Court of Virginia · 1993
- Kelley v. GriffinSupreme Court of Virginia · 1996
- Elam v. FordSupreme Court of Virginia · 1926
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- Chang v. Steven Montgomery Crouch (In Re Hokulani Square, Inc.)United States Bankruptcy Court, D. Hawaii · 2009
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