United Bank of Denver National Ass'n v. Ferris

Opinion by

Judge HUME.

Defendants Don P. and Nadine C. Ferris contend that the trial court erred in entering summary judgment for defendant SLK Trust on its cross-claim for unjust enrichment. We affirm the trial court.

The essential facts are undisputed. This action was commenced by United Bank of Denver (UBD), the remitting agent responsible for disbursing periodic payments to various owners of royalty interests in cer tain New Mexican mineral properties. In 1988, SLK’s royalty interest in these properties was levied and sold pursuant to 26 U.S.C. § 6385 (1988) in satisfaction of delinquent…