600, LLC v. Virani
Annotate this CaseAltaf Virani filed an action against 600, L.L.C. (the LLC), attempting to redeem real property the LLC purchased from the bank that had foreclosed on that property. After a bench trial, the circuit court entered a judgment establishing the amount Virani was required to pay to redeem the property. The LLC appealed, arguing that the amount the judgment required him to pay was incorrect. Because the trial court erred in setting the redemption price under 6-5-253(a), Ala. Code 1975, and in not including interest in the redemption price, the Supreme Court reversed the trial court's judgment and remanded the case for further proceedings.
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