Burbank v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• abrogating strict “volunteer” rule as to equitable subrogation in the mortgage priorities context
• “absent subrogation, the third party’s payment would bump the number two security interest into the number one position without the junior lienholder having taken any action to warrant such an advancement”

Source: CourtListener parenthetical corpus (CC0).