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TRAPNELL & ASSOCIATES LLC v. LEGACY RESORTS

No. 20160716-CA.

438 P.3d 44 (2018)

2018 UT App 231

TRAPNELL & ASSOCIATES LLC, Appellant, v. LEGACY RESORTS LLC, Jax Pettey, and America First Credit Union, Appellees and Cross-appellants, v. Praia LLC and Trapnell & Associates LLC, Cross-appellees

Court of Appeals of Utah.

Filed December 20, 2018.

Attorney(s) appearing for the Case

Matthew G. Grimmer and Jacob R. Davis , Attorneys for Appellant and Cross-appellees.

Mark R. Gaylord and Zaven A. Sargsian , Attorneys for Appellees and Cross-appellants, America First Credit Union.

David M. Wahlquist , Peter C. Schofield , Rod N. Andreason and Justin Starr , Attorneys for Appellees and Cross-appellants, Legacy Resorts, LLC.

Judge Ryan M. Harris authored this Opinion, in which Judges Gregory K. Orme and Jill M. Pohlman concurred.

Opinion

¶1 In August 2010, Legacy Resorts, LLC (Legacy), one of the creditors of the Zermatt Resort (Zermatt) in Midway, Utah, foreclosed on the Zermatt property, which sold at a trustee's sale for $14.5 million. Because the note associated with the trust deed being foreclosed...

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