Legal Opinion

Zelinger v. Columbia Savings & Loan Ass'n

Colorado Court of Appeals

Decided September 15, 1988No. 86CA1612PublishedCited by 2 opinions

1Opinion of the Court

PIERCE, Judge.

Pearl Zelinger (Zelinger) appeals the judgment holding that Columbia Savings and Loan Association (Columbia) had a right of set-off against an account in which she had a beneficial interest. We reverse and remand.

The pertinent facts in this case are that Clara Hayutin (Hayutin) established a revo*745cable trust account with Columbia and named her daughters, Gloria Springer (Springer) and Zelinger, as beneficiaries. Thereafter, Hayutin borrowed $30,000 against the account and signed a note for that amount.

Later, Springer borrowed additional amounts against the account and signed a…

2Cases cited5 opinions

  1. Safe Deposit Bank and Trust Company v. Eugene B. Berman, Trustee, in the Matter of Fernandes Welding & Equipment Service, Inc., BankruptCourt of Appeals for the First Circuit · 1968
  2. Green Shoe Manufacturing Co. v. FarberSupreme Court of Colorado · 1986
  3. Haley v. AustinSupreme Court of Colorado · 1924
  4. Williams v. Illinois Trust & Savings BankAppellate Court of Illinois · 1982
  5. Sweeney v. First Virginia Bank of TidewaterSupreme Court of Virginia · 1983

3Cited by2 opinions

  1. Columbia Savings v. ZelingerSupreme Court of Colorado · 1990
  2. Landmark KCI Bank v. MarshallMissouri Court of Appeals · 1989

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