Allied Capital Corp. v. Cravens

OPINION

RODRIGUEZ, Justice.

This is an accelerated, interlocutory appeal from a temporary injunction enjoining appellant, Allied Capital Corporation (Allied), from advertising in connection with a foreclosure sale of certain property owned by appellees, Gamble J. (G.J.) Palmer and Martha Palmer (the Palmers) and Jean T. Cravens (Cravens). We reverse and remand.

Background

In 1995 and 1996, the Palmers executed two promissory notes (collectively referred to as the indebtedness) payable to Allied. Note No. 1 was in the original principal amount of $1,100,000.00 and Note No. 2 was in the original…