LOOPER v. MADISON GUARANTY SAV. & LOAN ASS'N

No. 86-242.

729 S.W.2d 156 (1987)

292 Ark. 225

Robert E. LOOPER and Entrophy Systems, Inc., Appellants, v. MADISON GUARANTY SAVINGS & LOAN ASSOCIATION, et al., Appellees.

Supreme Court of Arkansas.

May 18, 1987.


Attorney(s) appearing for the Case

Leonard L. Scott, C. Richard Crockett, Little Rock, for appellants.

Wright Lindsey & Jennings, Little Rock, for appellees.


HICKMAN, Justice.

In a foreclosure proceeding, the chancellor refused to confirm the sale of a residence. The reasons given were because the purchase price shocked her conscience and other circumstances existed which justified the refusal. The question presented involves the law concerning the confirmation of judicial sales when an inadequate price is paid.

The appellants argue there is no Arkansas case holding that a sale can be set aside simply because the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases