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REALTY EXCHANGE CORP. v. PHOENIX TITLE & TRUST CO.

No. 1 CA-CIV 1451.

15 Ariz. App. 199 (1971)

487 P.2d 420

REALTY EXCHANGE CORPORATION, an Arizona corporation et al., Appellants, v. PHOENIX TITLE AND TRUST COMPANY, a corporation, Appellee.

Court of Appeals of Arizona, Division 1, Department B.

Rehearing Denied September 30, 1971.

Review Denied November 9, 1971.

Attorney(s) appearing for the Case

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears by Jay M. Martinez, James A. Teilborg, and Charles B. Burton, Phoenix, for appellants.

Lewis & Roca by Peter Baird, Phoenix, for appellee.

JACOBSON, Presiding Judge.

This appeal requires a determination as to whether the interest of a beneficiary of a subdivision trust is subject to garnishment by the beneficiary's creditors and whether the issues in this case are precluded from further litigation either under the doctrines of res judicata or collateral estoppel by reason of Realty Exchange Corp. v. Cadillac Land and Development Co., 13 Ariz.App. 232,...

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