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LAND ASSOCIATES, INC. v. BECKER

CA 22290; SC 28874.

656 P.2d 927 (1982)

294 Or. 308

LAND ASSOCIATES, INC., an Oregon Corporation, Plaintiff, v. Richard A. BECKER; United States National Bank of Oregon, a National Banking Association; Lane County Oregon; Lloyd Hinrichs and Yvonna Hinrichs, Husband and Wife; Janice Louise Becker; United States of America, Acting by and through Internal Revenue Department; Gerald J. Druliner; State of Oregon, Acting by and through Department of Revenue; Coastal Adjustment Bureau, Inc., an Oregon Corporation; State of Oregon, Acting by and through Employment Division; and Lane County Escrow Service, Inc., Defendants. Launa H. Bautista, Petitioner On Review, v. Land Associates, Inc., and E & B Investors, Inc., Respondents On Review.

Supreme Court of Oregon.

Decided December 30, 1982.

Attorney(s) appearing for the Case

Harold D. Gillis, Eugene, argued the cause and filed the briefs for petitioner on review.

William A. Turnbow, Eugene, argued the cause and filed the brief for respondents on review. With him on the brief was Hershner, Hunter, Miller, Moulton & Andrews, Eugene.

Before LENT, C.J., and LINDE, TANZER, CAMPBELL, ROBERTS and CARSON, JJ.

CAMPBELL, Justice.

Launa H. Bautista, the assignee of unjoined pendente lite junior lien creditors, attempted to redeem property after foreclosure. The trial court dismissed her complaint in intervention in which she named Land Associates, Inc. and its assignee E & B Investors, Inc. as defendants. The Court of Appeals affirmed on the basis that she had no statutory right to redeem. We reverse, 58 Or.App. 216,

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