Alaska High Court Remands For Elder Fraud Determination In Deed To Daughter

(November 23, 2022, 9:18 AM EST) -- ANCHORAGE, Alaska — The Alaska Supreme Court affirmed a trial court’s grant of summary judgment to a bank as a “bona fide lender” in a constructive notice suit filed against it by a man alleging that his sister’s deed to the property to secure bank loans was void because of fraud, finding that the trial court correctly granted the bank summary judgment but reversed and remanded the lower court’s dismissal of the fraud claim because the “bona fide lender status is irrelevant” to the bank’s defense of the fraud claim, which was dismissed in error....

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