Woodside Assurance, Inc v. N. K. Resources, Inc.

OPINION

EVELYN V. KEYES, Justice.

Appellant, Woodside Assurance, Inc. (Woodside), appeals from the trial court’s judgment that awarded excess cash proceeds from a tax foreclosure sale to appel-lee, N.K. Resources, Inc. (NKR). In three issues on appeal, Woodside argues that it was entitled to the excess proceeds because (1) it had a valid and higher priority claim to the excess proceeds than NKR; (2) NKR manipulated the tax foreclosure process; and (3) the statute of limitations did not bar its claims. We affirm.

Background

On May 31, 2001, various taxing units 1 filed suit against Lloyd Gibbs Jr.…