Legal Opinion
Sands v. E.I.C., Inc.
California Court of Appeal
Decided April 21, 1981No. Civ. 59604PublishedCited by 2 opinions
1Opinion of the Court
Opinion
EARLY, J. *
Plaintiff filed an action for declaratory relief requesting the court to determine his rights and obligations under a contract with defendant. He appeals from the summary judgment granted to defendant E.I.C., Inc. Plaintiff does not argue that the judgment in favor of defendant Sam Stein, president of defendant E.I.C., Inc., was improperly granted.
Plaintiff borrowed $364,000 from defendant E.I.C., Inc. The note executed by the parties required plaintiff to prepay one year’s interest ($20,815) at the time of execution and make monthly interest payments thereafter. Thus,…
2Cases cited7 opinions
- Parsons v. Bristol Development Co.California Supreme Court · 1965
- Murphy v. Allstate InsuranceCalifornia Court of Appeal · 1978
- Larsen v. JohannesCalifornia Court of Appeal · 1970
- Davies MacHinery Co. v. Pine Mountain Club, Inc.California Court of Appeal · 1974
- Fuller v. Goodyear Tire & Rubber Co.California Court of Appeal · 1970
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3Cited by2 opinions
- Southern Pacific Land Co. v. Westlake Farms, Inc.California Court of Appeal · 1987
- National Marble Co. v. Bricklayers & Allied Craftsmen, Local No. 2California Court of Appeal · 1986