FIRST FIN. BANK v. LANE

No. 62606.

339 P.3d 1289 (2014)

FIRST FINANCIAL BANK, N.A., Appellant, v. Gordon R. LANE and Carol Lane, Individually and as Trustees of the Lane Family Trust; and John C. Serpa, Individually and as Trustee of the John C. Serpa Trust, Respondents.

Supreme Court of Nevada.

December 24, 2014.


Attorney(s) appearing for the Case

Lionel Sawyer & Collins and Leslie Bryan Hart and Courtney Miller O'Mara , Reno, for Appellant.

Lemons, Grundy & Eisenberg and Douglas R. Brown , Reno; Mir Saied Kashani , Los Angeles, California, for Respondents.

BEFORE THE COURT EN BANC.


OPINION

This case presents the question of whether the definition of "indebtedness" found in NRS 40.451 limits, through its interaction with NRS 40.459(1)(a) and NRS 40.459(1)(b), the amount a successor lienholder can recover in an action for a deficiency judgment to the amount of consideration such...

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