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The Priority Fight Between the Second Mortgagee and the Subrogated Insurance Carrier

5 Pages Posted: 8 Nov 2011  

Roger Bernhardt

Golden Gate University - School of Law

Date Written: November 7, 2011

Abstract

Analysis of a recent decision holding that the insurance carrier who had paid the first mortgagee had a superior right to the remaining value of the property by virtue of subrogation than did the second mortgagee, even though the second was also insured under the same policy.

Keywords: Priorities, subrogation, mortgages, Certain Underwriters at Lloyds v. Kirkland

Suggested Citation

Bernhardt, Roger, The Priority Fight Between the Second Mortgagee and the Subrogated Insurance Carrier (November 7, 2011). Available at SSRN: https://ssrn.com/abstract=1956213 or http://dx.doi.org/10.2139/ssrn.1956213

Roger Bernhardt (Contact Author)

Golden Gate University - School of Law ( email )

536 Mission Street
San Francisco, CA 94105
United States

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