In re Gen. Receivership of EM. Prop. Holdings, LLC

In re Gen. Receivership of EM Prop. Holdings, LLC, -- Wn.2d  -- (Case No. 100066-9) (June 16, 2022) (holding that (1) RCW 60.04.226 applies only in the construction context, (2) common law requires optional future advances to lose priority to intervening liens, and (3) only sections 7.3(a) and (b) of the Restatement (Third) of Property: Mortgages have been adopted by the Washington Supreme Court).

Posted June 26, 2022

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