Skip to main content
· 3/15/1961

Paul v. Rimrock Tidelands, Inc.

Citations

  • 128 So. 2d 443
  • 1961 La. App. LEXIS 1983

How courts have described this case

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

  • explaining that “Pennsylvania courts have concluded that a sheriff’s sale price is grossly inadequate where [the] sale price was a small percentage – roughly ten percent or less – of the established market value”
  • indicating procedural irregularities can hamper competitive bidding process and contribute to grossly inadequate sale price
  • reversing a trial court’s decision that a sale for 44 percent of what another purchaser would have paid was grossly inadequate
  • “where a ‘gross inadequacy’ in the price is established[,] courts have found proper grounds exist to set aside a sheriff's sale”
  • trial court abused its discretion by setting aside a sheriff’s sale without any procedural defects based upon post-sheriff’s sale offer to purchase the property at issue

Source: CourtListener parenthetical corpus (CC0).

Judges: Culpep, Frugé, Tate

Read full opinion on CourtListener

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.