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(DOWNLOAD) "Four Strong Winds Inc. V. Odd Lyngholm" by Colorado Court of Appeals ~ eBook PDF Kindle ePub Free

Four Strong Winds Inc. V. Odd Lyngholm

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eBook details

  • Title: Four Strong Winds Inc. V. Odd Lyngholm
  • Author : Colorado Court of Appeals
  • Release Date : January 16, 1992
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 63 KB

Description

Plaintiff, Four Strong Winds, Inc., instituted suit against defendant, Odd Lyngholm, on two promissory notes signed by defendant. The trial court concluded that plaintiff's bid at a public trustee's foreclosure sale of property that secured payment of a third note was unconscionably low. Hence, it deducted certain sums from the balance due on the two notes sued  upon and entered judgment for plaintiff for the balance. Plaintiff does not appeal from, or otherwise contest, the court's actions in making these deductions from the balances due. Defendant, however, appeals from the judgment entered against him, asserting that the trial court erred in not making further deductions. In light of the issues presented to us, we reverse and remand for reconsideration by the trial court of the amount of the judgment to be entered.


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