Legal Alert - Nevada Supreme Court Clarifies Notice Requirements for Trustee's Sale
March 26, 2015
by Nathan Kanute and Bob Olson
In JED Property, LLC v. Coastline RE Holdings NV Corp., 131 Nev. Adv. Op. 11 (Mar. 5, 2015) the Nevada Supreme Court was presented with an appeal from an order granting summary judgment in favor of Coastline. Coastline held a security interest in property owned by JED, which it had foreclosed. When Coastline later filed a civil action, JED asserted counterclaims for, among other things, wrongful foreclosure. JED argued that Coastline improperly foreclosed because it held a sale after orally postponing the sale three times and failing to re-notice the sale.
©2024 Snell & Wilmer L.L.P. All rights reserved. The purpose of this publication is to provide readers with information on current topics of general interest and nothing herein shall be construed to create, offer, or memorialize the existence of an attorney-client relationship. The content should not be considered legal advice or opinion, because it may not apply to the specific facts of a particular matter. As guidance in areas is constantly changing and evolving, you should consider checking for updated guidance, or consult with legal counsel, before making any decisions.
Hughes Center
| 3883 Howard Hughes Parkway
| Suite 1100
| Las Vegas, NV 89169-5958
The material in this newsletter may not be reproduced, distributed, transmitted, cached or otherwise used, except with the written permission of Snell & Wilmer.
The material in this newsletter may not be reproduced, distributed, transmitted, cached or otherwise used, except with the written permission of Snell & Wilmer.