UMPQUA BANK v. SHASTA APARTMENTS, LLC

No. 47224-4-II.

378 P.3d 585 (2016)

194 Wash.App. 685

UMPQUA BANK, Respondent, v. SHASTA APARTMENTS, LLC; Charles R. Johnson, II, and Elizabeth A. Johnson, husband and wife, Appellants.

Court of Appeals of Washington, Division 2.

June 21, 2016.


Attorney(s) appearing for the Case

Lori Marie Bemis , Joseph P. Zehnder , McGavick Graves PS, 1102 Broadway Ste. 500, Tacoma, WA, 98402-3534, Counsel for Appellants.

Barbara L. Bollero , AFRCT, LLP, 701 Pike St. Ste. 1560, Seattle, WA, 98101-3915, Counsel for Respondent.


¶ 1 We are asked to decide whether the plain language of the receivership statute precludes a secured creditor from obtaining a post-sale deficiency judgment against a grantor whose property secured the loan and against a guarantor on the loan after a court-approved receiver's sale of the secured property. The superior court granted...

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