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Davis v. Johnson

Citations

  • 246 S.E.2d 297
  • 241 Ga. 436
  • 1978 Ga. LEXIS 1014

How courts have described this case

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

  • reversing trial court’s refusal to reinstate bank’s security interest after cancellation
  • allowing a bank to be subrogated to its own rights, and noting that the intervening judgment creditor would not be prejudiced by the bank’s restoration to its priority rights since the bank’s senior security deed was still of record when the intervening judgment was recorded
  • allowing a bank to be subrogated to its own rights, and noting that the intervening judgment creditor would not be prejudiced by the bank’s restoration to its priority rights since the bank’s senior security deed was still of record when the intervening judgment was recorded
  • actual knowledge, as opposed to constructive knowledge, indicates an intent to give priority to an intervening lien
  • “The senior secured party’s lack of diligence in failing to discover the existence of the intervening hen becomes material only where this has prejudiced the rights of the intervening lienor”

Source: CourtListener parenthetical corpus (CC0).

Judges: Marshall, Hall, Jordan, Hill

Read full opinion on CourtListener

Cited by

29 cases in this archive cite this case; the 20 most cited are listed.

Cites

14 cases in this archive are cited by this case.

Other cases with this name

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.