Legal Opinion
Joseph F. Sanson Investment Co. v. 268 Ltd.
Nevada Supreme Court
Decided July 18, 1990No. 20118PublishedCited by 10 opinions
1Opinion of the Court
OPINION
2Per curiam
Appellant Joseph F. Sanson Investment Company (Sanson) sold an apartment complex to respondent 268 Limited. Sanson retained a security interest in the property, which was written into a deed of trust. The deed of trust (1) incorporated by reference NRS 107.030(7) regarding attorney’s fees in the event of default and (2) specified five percent of the balance remaining at the time of default as attorney’s fees.
Subsequently, 268 Limited filed a Chapter 11 petition in bankruptcy. As a result, 268 Limited defaulted on its obligation to Sanson. The apartment complex was sold for $1,000,000…
3Cases cited13 opinions
- In the Matter of the Plywood Company of Pennsylvania, the Plywood Company of Pennsylvania, DebtorCourt of Appeals for the Third Circuit · 1970
- Silver Dollar Club v. Cosgriff Neon CompanyNevada Supreme Court · 1964
- Haromy v. SawyerNevada Supreme Court · 1982
- State ex rel. Copeland v. WoodburyNevada Supreme Court · 1883
- McLane v. AbramsNevada Supreme Court · 1866
8 more not listed; retrieve them via the Exa API.
4Cited by10 opinions
- Xco International Inc., Plaintiff-Appellant/cross-Appellee v. Pacific Scientific Company, Defendant-Appellee/cross-AppellantCourt of Appeals for the Seventh Circuit · 2004
- Mattvidi Associates Ltd. Partnership v. Nationsbank of Virginia, N.A.Court of Special Appeals of Maryland · 1994
- Mason v. FakhimiNevada Supreme Court · 1993
- Loomis v. Lange Financial Corp.Nevada Supreme Court · 1993
- Khan v. BakhshNevada Supreme Court · 2013
5 more not listed; retrieve them via the Exa API.