Union Planters Bank, N.A. v. Butler
Case Details
- Judge(s)
- Hon, Referee, Satter
- Status — whether other courts must follow this ruling
- Published
- Procedural Posture — the stage the case had reached
- summary judgment
Related Laws
No specific laws identified for this ruling.
Outcome
The court denied the mortgagee's summary judgment motion and held that the mortgagee must complete foreclosure on all property subject to the mortgage before suing on the note for any deficiency, rather than retaining insurance proceeds and suing directly on the note.
What This Ruling Means
This summary was generated to explain the ruling in plain English and is not legal advice.
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