Resolution Trust Corp. v. Parker

Opinion by

Judge DUBOFSKY.

Defendants, Davis B. and Richard W. Parker, appeal from a summary judgment entered in favor of plaintiff, Resolution Trust Corporation. We conclude that the trial court erred in not granting defendants’ motion for change of venue. We, therefore, reverse the trial court’s venue determination and, consequently, vacate its summary judgment determination.

On February 28, 1985, the original lender, Silver State Savings, made an $850,000 loan to Parker Joint Venture. The loan was evidenced by a promissory note executed by defendants and secured by a first deed of trust on…