Queen of the North, Inc. v. LeGrue

OPINION

Before BOOCHEVER, C. J., and CON-NOR, BURKE, and MATTHEWS, JJ. BOOCHEVER, Chief Justice.

This case raises the issue of the propriety of a foreclosure sale in which a liquor license was ordered foreclosed by the trial court but was never sold. We reverse the decision of the trial court confirming the sale and establishing a deficiency judgment and remand to give the LeGrues the option of selling the license or waiving the deficiency judgment.

In 1974, James Williams and Guy Bassett, incorporated as Queen of the North, Inc., 1 purchased the Beachcombers, a Kodiak restaurant, bar and hotel…