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YUANZONG FU v. RHODES

No. 20130622.

355 P.3d 995 (2015)

2015 UT 59

YUANZONG FU, aka Frank Fu, Respondent, v. Clyde RHODES, Joseph Naso, and Rene Naso Evans, Petitioners.

Supreme Court of Utah.

July 23, 2015.

Attorney(s) appearing for the Case

Randy B. Birch , Heber City, for petitioner.

David J. Hodgson , Salt Lake City, for respondent.

Justice DURHAM authored the opinion of the Court, in which Chief Justice DURRANT, Associate Chief Justice Lee, Justice PARRISH, and Judge HANSEN joined. Due to his retirement, Justice NEHRING did not participate herein; District Judge ROYAL I. HANSEN sat. Justice DENO G. HIMONAS became a member of the Court on February 13, 2015, after oral argument on this matter and, accordingly, did not participate. On Certiorari to the Utah Court of Appeals

INTRODUCTION

¶ 1 When the real estate bubble burst in 2008, the petitioners — a group of real estate investors — defaulted on a series of loans from respondent Yuanzong Fu. Fu sued. After more than a year of pretrial litigation, the district court entered default judgment against...

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