The doctrine of conventional subrogation in real estate is familiar to most lenders: a new lender that pays the mortgage of a prior one steps into the shoes of – or is subrogated to – the prior lender ...
In Zurich Am. Ins. Co. v. Infrastructure Eng’g. Inc., 2023 Ill. App. LEXIS 383, the insurer, Zurich American Insurance Company (Insurer) proceeded as subrogee of Community College District No. 508 d/b ...
Lenders, unfortunately, are confronted with the situation in which the validity or priority of a mortgage is challenged based on a prior mortgage not being paid off due to acts ranging from simple ...
The Florida Supreme Court has ruled that a party that has had a judgment entered against it was not entitled to seek equitable subrogation from a subsequent tortfeasor when it had not fully satisfied ...
May a third party bring a direct action against an insurer for coverage on a theory of subrogation when equitable subrogation does not apply and the right cannot be traced to a statute or contract?
Previously published in the July-August 2010 edition of the Journal of the Missouri Bar. Overview. This article discusses the recent abandonment of the equitable subrogation doctrine as a remedy in ...
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JURIST Guest Columnist John W. Klinker of Loyola University Chicago School of Law discusses how the decision in Montanile potentially creates a precedent that could affect the funding of welfare ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The Minnesota Supreme Court recently issued a decision in United Prairie Bank v. Molnau Trucking, LLC, No. A23-1478, 2025 WL 1943964 (Minn. July 16, 2025) (slip op.), resolving a long-standing ...
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