Team Presentations - Law 19 - Spring 2015

Assignment # 7 - Subrogation of Rights 

Levinson and Johnson, who had both signed a promissory note, did not pay the note when it was due. Instead, American Thermex, Inc., a corporation in which Johnson had a controlling interest, voluntarily paid the note. American Thermex later brought suit against Levinson, seeking reimbursement for the payment. American Thermex argued, among other things, that because it had paid the note, it had the legal right of subrogation against the note’s co-maker, Levinson. Will the court agree that American Thermex has a legal right of subrogation? - read the case at Levinson v. Thermex 

Watch the Screencast and listen to the podcast 

1.Does American Thermex have the right of subrogation? Why or why not? state what page in your text you found the answer, and explain the answer. 

2. define the term subrogation 

3. Then read the actual case below, and analyze the legal rules of law which answer why or why not American Thermex has a legal right of subrogation. Levinson v. American Thermex Inc. 196 Ga.App. 291, 396 S.E.2d 252