Legal Opinion

Futuri Real Estate v. Atlantic Trustee Services

Supreme Court of Virginia

Decided November 27, 2019No. 181501Published

1Opinion of the Court

PRESENT: Lemons, C.J., Mims, Powell, Kelsey, McCullough, and Chafin, JJ., and Lacy, S.J. FUTURI REAL ESTATE, INC. OPINION BY v. Record No. 181501 SENIOR JUSTICE ELIZABETH B. LACY November 27, 2019 ATLANTIC TRUSTEE SERVICES, LLC, ET AL. FROM THE CIRCUIT COURT OF FAIRFAX COUNTY David Bernhard, Judge In this appeal, we consider, as a matter of first impression, whether a subordination agreement between a senior lienholder and a lienholder in third priority, which addresses only the priority of the parties to the agreement, should be construed as a complete or partial subordination of the senior…

2Cases cited13 opinions

  1. Copenhaver v. RogersSupreme Court of Virginia · 1989
  2. Kondaurov v. KerdashaSupreme Court of Virginia · 2006
  3. Shaddix v. National Surety Co.Supreme Court of Alabama · 1930
  4. McConnell v. Mortgage Investment Co. of El PasoTexas Supreme Court · 1957
  5. ITT Diversified Credit Corp. v. First City Capital Corp.Texas Supreme Court · 1987

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