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MLADY v. DOUGAN

No. 19-1689.

967 N.W.2d 328 (2021)

Wayne Joseph MLADY, Appellant, v. Sue Ann DOUGAN, Appellee, Great Western Bank, Plaintiff, v. Conrad D. Clement, Manaco, Corp., and Parties in Possession, Defendants.

Supreme Court of Iowa.

Filed December 3, 2021.

Attorney(s) appearing for the Case

Lynn Wickham Hartman (argued) and Dawn M. Gibson of Simmons Perrine Moyer Bergman PLC, Cedar Rapids, for appellant.

John L. Duffy (argued) of Heiny, McManigal, Duffy, Stambaugh & Anderson, P.L.C., Mason City, for appellee.

Robert L. Hartwig of Iowa Bankers Association, Johnston, for amicus curiae Iowa Bankers Association.

Waterman, J., delivered the opinion of the court, in which all participating justices join. McDermott, J., takes no part.

Close only counts in horseshoes and hand grenades, not our redemption statute. An attorney representing a sophisticated investor underpaid the amount necessary to redeem farmland by at least $1,798.79 below the minimum owed of $1,938,799.79 (exclusive of costs). The district court ruled the redemption was timely and resolved the...

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