METCALFE v. CANYON

No. 140, September Term, 1987.

318 Md. 565 (1990)

569 A.2d 669

WILLIAM H. METCALFE AND SONS, INC. v. CANYON DEFINED BENEFIT TRUST ET AL.

Court of Appeals of Maryland.

February 13, 1990.


Attorney(s) appearing for the Case

Glenn M. Cooper (Hope B. Eastman, David A. Slacter, and Paley, Rothman, Goldstein, Rosenberg & Cooper, Chartered, all on brief), Bethesda, for appellant.

Carlton M. Green, College Park, and Murray L. Deutchman, Rockville, for appellees.

Argued before MURPHY, C.J., and ELDRIDGE, COLE, RODOWSKY, McAULIFFE, ADKINS and BLACKWELL, JJ.


COLE, Judge.

In this case we are asked to decide whether a junior lienholder on a portion of real property, foreclosed and sold in bulk, may be fully satisfied from the surplus of proceeds remaining after satisfaction of the primary lienholder without considering another and even more junior lien in the entire property.

The controversy revolves around two tracts of real property, one containing thirty-one (31) lots and the other containing ten (10) lots, situated...

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