First National Bank of Layton v. Palmer

Opinion

ORME, Judge:

[ 1 Ray Palmer and First National Bank of Layton dispute the priority of their competing lien interests in a parcel of commercial real estate. The district court certified this issue as final pursuant to rule 54(b) of the Utah Rules of Civil Procedure, and Palmer appeals the court's grant of First National's motion for partial summary judgment and simultaneous denial of his eross-motion for partial summary judgment. We reverse. -

BACKGROUND

2 In July 2008, Palmer agreed to sell a parcel of commercial real estate to JDJ Holdings, Inc. for a purchase price of $1,950,000. JDJ…