Legal Opinion
MidFirst Bank v. Chase
Court of Appeals of Arizona
Decided July 31, 2012No. 1 CA-CV 11-0013PublishedCited by 7 opinions
1Opinion of the Court
OPINION
THOMPSON, Judge.
¶ 1 Appellants Mike and Linda Chase (collectively, the Chases) appeal the trial court’s order entering summary judgment in favor of MidFirst Bank (MidFirst) on its action for a deficiency judgment. Because MidFirst was not entitled to judgment as a matter of law, we reverse and remand for further proceedings.
FACTUAL AND PROCEDURAL HISTORY
¶ 2 In 2007, MidFirst1 loaned Palo Desert, LLC the principal sum of $1,620,000. Palo Desert agreed to repay the loan, including outstanding principal and all accrued unpaid interest, by June 22, 2008.2 The loan was evidenced by a…
2Cases cited9 opinions
- Hourani v. Benson HospitalCourt of Appeals of Arizona · 2005
- Mohave Electric Cooperative, Inc. v. ByersCourt of Appeals of Arizona · 1997
- National Housing Industries, Inc. v. E. L. Jones Development Co.Court of Appeals of Arizona · 1978
- Honeywell Information Systems, Inc. v. Maricopa CountyCourt of Appeals of Arizona · 1977
- Flynn Ex Rel. Eicke v. LindenfieldCourt of Appeals of Arizona · 1967
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- In re: Marshall L. Rader and Barbara J. RaderUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2013
- Equity Income Partners, LP v. Chicago Title Insurance Co.Arizona Supreme Court · 2017
- CSA 13-101 Loop, LLC v. Loop 101, LLCCourt of Appeals of Arizona · 2013
- ZB, N.A. v. HoellerCourt of Appeals of Arizona · 2017
- Bank of America v. FelcoCourt of Appeals of Arizona · 2017
2 more not listed; retrieve them via the Exa API.