Category Creditor/Debtor Law

Equity Income Partners, LP, et al. v. Galileo Capital Partners Limited (Arizona Supreme Court Case No. CV-16-0162-CQ, filed Feb. 7, 2017)

The Ninth Circuit certified three questions to the Arizona Supreme Court to help the Ninth Circuit decide what impact, if any, a lender’s full-credit bid made at an Arizona trustee’s sale has on an insurer’s liability under a standard form (ALTA) title insurance policy. The Arizona Supreme Court answered those three questions as follows: Q: […]

Hayward v. Arizona Central Credit Union (Arizona Court of Appeals Case No. 1 CA-CV 15-0450, filed Jan. 10, 2017)

What do you do when you successfully sue the dealership that sold you a car, but the dealership goes out of business without paying the full amount of the judgment you obtained against it? In this case, you sue the credit union that bought the installment sales contract that was the basis for your successful […]