DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
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131615P.pdf 04/25/2014 Owcen Loan Servicing, LLC v. Summit Bank
U.S. Court of Appeals Case No: 13-1615
U.S. District Court for the Western District of Arkansas - Hot Springs
[PUBLISHED] [Loken, Author, with Wollman and Kelly, Circuit Judges]
Civil case - Bankruptcy. Where the lender failed to properly record a
mortgage and failed to take timely action to protect the seniority of its
lien, giving its lien priority over later lenders would not be consistent
with the purpose of the doctrine of equitable subrogation, and the
district court did not err in denying the lender relief.