Sixth Circuit Case on Meaning of “Foreclosure”—A Case Study in Lexical Ambiguity (or Vagueness)
In Provident Bank v. Tenn. Farmers Mut. Ins. Co., 2007 U.S. App. LEXIS 10671 (6th Cir. May 2, 2007), the Court of Appeals for the Sixth Circuit considered the meaning of the word “foreclosure.” (Click here for a copy of this case.) Owners of a home in Tennessee obtained a mortgage on their home from plaintiff bank and insured the … Read More