Legal Opinion

Citizens State Bank v. Raven Trading Partners, Inc.

Supreme Court of Minnesota

Decided July 22, 2010No. A08-1560PublishedCited by 22 opinions

1Opinion of the Court

OPINION

BARRY G. ANDERSON, Justice.

This appeal involves a dispute about the priority of two mortgages on the same property. At issue is whether appellant Citizens State Bank should be equitably subrogated to the position of two prior mortgagees and a mortgage held by Citizens given priority over a mortgage held by respondent Raven Trading Partners, LLC. Citizens brought an action in district court seeking an order declaring that, based on equitable subrogation, the Citizens mortgage recorded on May 9, 2005, has priority over a mortgage held by Raven that was recorded on April 29, 2005. The…

2Cases cited26 opinions

  1. Emmert v. ThompsonSupreme Court of Minnesota · 1892
  2. Universal Title Insurance Company, a Minnesota Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1991
  3. Geib v. ReynoldsSupreme Court of Minnesota · 1886
  4. Nadeau v. County of RamseySupreme Court of Minnesota · 1979
  5. Medica, Inc. v. Atlantic Mutual Insurance Co.Supreme Court of Minnesota · 1997

21 more not listed; retrieve them via the Exa API.

3Cited by22 opinions

  1. Caldas v. Affordable Granite & Stone, Inc.Supreme Court of Minnesota · 2012
  2. Ram Mutual Insurance Co. v. RohdeSupreme Court of Minnesota · 2012
  3. SCI Minnesota Funeral Services, Inc. v. Washburn-McReavy Funeral Corp.Supreme Court of Minnesota · 2011
  4. City of North Oaks v. SarpalSupreme Court of Minnesota · 2011
  5. In re the Pamela Andreas Stisser Grantor TrustSupreme Court of Minnesota · 2012

17 more not listed; retrieve them via the Exa API.

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