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HOLIDAY HOSP. FRANCHIS. v. STATES RESOURCES

232 S.W.3d 41 (2006)

HOLIDAY HOSPITALITY FRANCHISING, INC., f/k/a Holiday Inns Franchising v. STATES RESOURCES, INC., et al.

Court of Appeals of Tennessee, at Jackson.

December 14, 2006.

Permission to Appeal Denied April 30, 2007.

Petition to Rehear Denied May 29, 2007.

Attorney(s) appearing for the Case

Stephen L. Hughes, Milan, Tennessee, for the appellant, States Resources, Inc.

Robin H. Rasmussen, Memphis, Tennessee, for the appellee, Holiday Hospitality Franchising, Inc.

Permission to Appeal Denied by Supreme Court April 30, 2007.

OPINION

DAVID R. FARMER, J., delivered the opinion of the court, in which W. FRANK CRAWFORD, P.J., W.S., and ALAN E. HIGHERS, J., joined.

The issue presented in this priority dispute between a first deed of trust holder and a judgment lien creditor involves the legal effect of the inadvertent and erroneous release of the deed of trust. States Resources Corporation (SRC), Defendant/Appellant...

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