Breach of Contract
Escrow Negligence
Failure to Disclose
Citation Homes v. Ticor Title
Published: Nov. 13, 1993 | Result Date: Sep. 29, 1993 | Filing Date: Jan. 1, 1900 |Case number: 914308 – $0
Judge
Court
San Francisco Superior
Attorneys
Plaintiff
Defendant
Experts
Plaintiff
Gerald Goldfisher
(technical)
John Hetland
(technical)
Defendant
John F. Cavin
(technical)
Facts
On April 15, 1988, Plaintiff loaned $400,000 to a third party to be secured by a second deed of trust. Defendant handled the escrow for the transaction. The third party failed to repay the loan.
Settlement Discussions
Defendant contends they offered nothing and Plaintiff demanded $500,000.
Damages
$335,000 loan balance plus interest from date of last payment.
Deliberation
4.5 hours
Poll
10-2
Length
7 days
#112317
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