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PAVILION DEVELOPMENT v. JBJ PARTNERSHIP

No. 1040967.

979 So.2d 24 (2007)

PAVILION DEVELOPMENT, L.L.C. v. JBJ PARTNERSHIP.

Supreme Court of Alabama.

August 10, 2007.

Attorney(s) appearing for the Case

H. Carey Walker III of Adams & Walker, P.C., Huntsville, for appellant.

Jesse P. Evans III and Henry J. Walker, Jr., of Adams & Reese, LLP/Lange Simpson, Birmingham, for appellee.

BOLIN, Justice.

Pavilion Development, L.L.C., formerly known as John Lary, L.L.C., appeals a judgment for JBJ Partnership ("JBJ") in this litigation to enforce a statutory right of redemption with respect to certain realty purchased by JBJ in a foreclosure sale. We reverse.

I. Facts and Procedural History

In August 1991 Pace Properties, an Alabama general partnership ("Pace"), sold Gallop Enterprises, Inc. ("Gallop"), approximately 22 acres...

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