Legal Opinion
Shaw Acquisition Co. v. Bank of Elk River
Supreme Court of Minnesota
Decided March 7, 2002No. C2-00-1803PublishedCited by 15 opinions
1Opinion of the Court
OPINION
PAGE, Justice.
This case presents the issue of whether, under Minn.Stat. §§ 580.10 (2000) and 580.225 (2000), the junior portion of a split-priority mortgage, 1 must be satisfied before an intervening mechanic’s lien in the second-priority position is satisfied. The court of appeals affirmed summary judgment for the mechanic’s lienor. We affirm.
Allied Mortgage of Brooklyn Center, Inc. (Allied Mortgage), owned two adjoining parcels of land in Mille Lacs County, Minnesota — the “North Property” and “South Property” (collectively, the Properties). On March 5, 1998, Allied Mortgage executed…
2Cases cited17 opinions
- Hoang Minh Ly v. NystromSupreme Court of Minnesota · 2000
- Sorenson v. St. Paul Ramsey Medical CenterSupreme Court of Minnesota · 1990
- Bloom v. American Express Co.Supreme Court of Minnesota · 1946
- Brown v. Crookston Agricultural Ass'nSupreme Court of Minnesota · 1886
- Erickson v. IrelandSupreme Court of Minnesota · 1916
12 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Rosenberg v. Heritage Renovations, LLCSupreme Court of Minnesota · 2004
- Urban v. American Legion Department of MinnesotaSupreme Court of Minnesota · 2006
- Brekke v. THM Biomedical, Inc.Supreme Court of Minnesota · 2004
- United States v. Premises Known as 7725 Unity Avenue North, Brooklyn Park, Minnesota, Tonya Howell Anthony Tyrone Howell County of Hennepin v. Gmac Mortgage Corporation, Movant-Appellant. United States of America v. Premises Known as 7725 Unity Avenue North, Brooklyn Park, Minnesota, Tonya Howell, Anthony Tyrone Howell, Claimants-Appellants, County of Hennepin v. Gmac Mortgage Corporation, MovantCourt of Appeals for the Eighth Circuit · 2002
- First Minnesota Bank v. Overby Development, Inc.Court of Appeals of Minnesota · 2010
10 more not listed; retrieve them via the Exa API.