11th Circuit Affirms Parties Erred By Providing For Complete Loan Subordination

ATLANTA - The 11th Circuit U.S. Court of Appeals on Dec. 30 affirmed a ruling that two parties made a mutual error by providing for a complete loan subordination instead of subordinating only a bank's lien on property (Southeastern Commercial Finance, LLC v. First Community Bank of America, No. 11-12021, 11th Cir.; 2011 U.S. App. LEXIS 26070). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com