Bankers Trust Co. v. Hardy

SEARS, Chief Justice.

Appellant, Bankers Trust Company, foreclosed on certain property owned by Rita Hardy and her son, appellee Joseph Hardy, as joint tenants. Bankers Trust’s loan had been issued in Rita Hardy’s name and was secured against her interest in the property. Joseph Hardy, who was a minor at the time, was not a party to the loan. After a judicial partition and sale, Bankers Trust brought a claim for a portion of Joseph Hardy’s interest in the property under the doctrine of equitable subrogation. Bankers Trust appeals from the Fulton County Superior Court’s order denying that…