Legal Opinion

Careau & Co. v. Security Pacific Business Credit, Inc.

California Court of Appeal

Decided August 17, 1990No. B037626PublishedCited by 376 opinions

[Opinion certified for partial publication.*]

1Opinion of the Court

Opinion

CROSKEY, J.

This appeal involves two consolidated actions: Careau & Co. and Richard Carrott v. Security Pacific Business Credit, Inc., Security Pacific National Bank, Security Pacific Corporation and Raymond C. Torres (the Carrott action); and the Careau Group v. Raymond Torres, Security Pacific Business Credit, Inc., Security Pacific National Bank, and Security Pacific Corporation (the Careau Group action). They arise out of a dispute as to (1) whether the bank defendants had made a binding commitment to provide debt financing to the plaintiffs for the leveraged (i.e., debt-financed)…

2Cases cited76 opinions

  1. Blank v. KirwanCalifornia Supreme Court · 1985
  2. Foley v. Interactive Data Corp.California Supreme Court · 1988
  3. Gruenberg v. Aetna InsuranceCalifornia Supreme Court · 1973
  4. Tameny v. Atlantic Richfield Co.California Supreme Court · 1980
  5. Comunale v. Traders & General InsuranceCalifornia Supreme Court · 1958

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3Cited by376 opinions

  1. Foley v. Wells Fargo Bank, N.A.Court of Appeals for the First Circuit · 2014
  2. Harris v. Provident Life And Accident Insurance CompanyCourt of Appeals for the Second Circuit · 2002
  3. Durell v. Sharp HealthcareCalifornia Court of Appeal · 2010
  4. CHATEAU CHAMBERAY HOA v. Associated Internat. Ins. Co.California Court of Appeal · 2001
  5. Stanley v. University of Southern CaliforniaCourt of Appeals for the Ninth Circuit · 1999

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