Defendants’ Intent and Failure to Object Lead to Summary Judgment in Favor of Lender

2017 July 6
by GJTBS Admin

Lindsay Meador Young and Benjamin G. Torian of the Firm’s Lafayette Office were successful in an action to reform a Mortgage in favor of a Lender wherein the Mortgage failed to encumber 100% interest in the immovable property as the Lender originally intended. Summary Judgment was granted against the Defendants who held an unencumbered interest in the immovable property. The Judgment was based on proving the Defendants’ intent to effectuate a lien on the entire property and the Defendants’ failure to object to the Mortgage in favor of the Lender.

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