The Priority Fight Between the Second Mortgagee and the Subrogated Insurance Carrier
Golden Gate University - School of Law
November 7, 2011
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.
Number of Pages in PDF File: 5
Keywords: Priorities, subrogation, mortgages, Certain Underwriters at Lloyds v. Kirkland
Date posted: November 8, 2011