Madison Equities, Inc. v. Crockarell

Madison Equities, Inc. brought an action against Robert Crockarell for repayment of an overdue promissory note. Crockarell filed a separate action against Madison Equities and others alleging that Madison Equities filed suit against Crockarell on the note to interfere with Crockarell’s business interests. The district court granted summary judgment to Madison Equities on the promissory note claim but ordered a stay of entry of judgment pending meditation in Crockarell’s business-related action. Madison Equities petitioned the court of appeals for a writ of mandamus to compel the district court to vacate the stay. The court of appeals denied the petition. The Supreme Court reversed and issued a writ of mandamus ordering the district court to vacate the stay, holding that Madison Equities was entitled to the writ where the district court did not have authority to order the stay, Madison Equities suffer a public harm that was specifically injurious to it, and Madison Equities did not have any other adequate remedy in the ordinary course of law. View "Madison Equities, Inc. v. Crockarell" on Justia Law