Vanderford Co., Inc. v. Knudson

SCHROEDER, Chief Justice.

The Vanderford Co. (Vanderford) initially brought suit to recover loan funds and foreclose on properties owned by the Pines Townhomes, LLC or Richard and Jody Greif (collectively “the Greifs”). Each of the parties involved asserted numerous claims and defenses during a ten day jury trial. This appeal followed.

I

FACTUAL AND PROCEDURAL BACKGROUND

Paul Knudson and Richard Greif entered into a business arrangement for the development of real estate in Payette called the Pines Townhomes, LLC (the LLC). They planned to receive loans from Vanderford because one of Knudson’s…