Arizona Supreme Court

Bt Capital, LLC, an Arizona Limited Liability Corporation, Plaintiff/appellant/ Cross-Appellee v. Td Service…

May 4, 2012229 Ariz. 299

Summary

The court held that BT's claims became moot after the beneficiary purchased the property at a later, lawfully conducted trustee's sale. BT's failure to obtain injunctive relief before that sale waived its objections, and the recorded lis pendens did not preserve or prioritize BT's claimed interest. The court also concluded that BT had no viable remaining statutory, tort, or contract claim for damages.