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ARTICLE · 27 APRIL 2022

When Do The AAA Rules Govern Arbitrability?

In this appeal, the Twelfth Appellate District affirmed the trial court's decision, agreeing that as the remaining sale proceeds did not satisfy the lienholder's full award...

United StatesCorporate/Commercial Law

McGlinchey's Commercial Law Bulletin is a biweekly update of recent, unique, and impactful cases in state and federal courts in the area of commercial litigation. We're pleased to expand our Commercial Law Bulletin from its previous coverage of Ohio case law to include additional areas in McGlinchey's footprint.


Ohio

Excess Sale Proceeds

Royal Oaks Landmark, LLC v. Royal Oak Cal, LLC, 12th Dist. Clermont No. CA2021-06-025, 2022-Ohio-1144

In this appeal, the Twelfth Appellate District affirmed the trial court's decision, agreeing that as the remaining sale proceeds did not satisfy the lienholder's full award it was entitled to under the foreclosure order, there were no excess funds to distribute and the judgment debtor was not entitled to receive any of the remaining funds.

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