Universal Mortgage Co., Inc. v. Prudential Insurance Company, and Does I Through Xx, Inclusive
Court of Appeals for the Ninth Circuit
1Opinion of the Court
BOOCHEVER, Circuit Judge:
Universal Mortgage Company (Universal) appeals the district court’s denial of leave to amend its complaint and the award of summary judgment in favor of Prudential Insurance Company (Prudential). Universal contends that Prudential unlawfully failed to pay insurance benefits under a policy in which Universal was named loss payee. Because Universal’s debt was extinguished when upon foreclosure it bid the full amount due, we affirm.
FACTS
On June 26, 1981, Ernest DaRoza executed a deed of trust on residential property. The deed of trust secured a loan made by Universal to…
2Cases cited9 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Cornelison v. KornbluthCalifornia Supreme Court · 1975
- Lemoge Electric v. County of San MateoCalifornia Supreme Court · 1956
- Pauline Rosenbaum v. John Funcannon, as Administrator of the Estate of Martha A. Call, DeceasedCourt of Appeals for the Ninth Circuit · 1962
- Grigsby v. CMI Corp.Court of Appeals for the Ninth Circuit · 1985
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3Cited by39 opinions
- Carolina Casualty Insurance Co v. Team Equipment, Inc.Court of Appeals for the Ninth Circuit · 2014
- Nordyke v. KingCourt of Appeals for the Ninth Circuit · 2011
- Bell v. City of KelloggCourt of Appeals for the Ninth Circuit · 1991
- Federal Deposit Ins. Corp. v. Main HurdmanDistrict Court, E.D. California · 1987
- Chinatown Neighborhood Assn v. Kamala HarrisCourt of Appeals for the Ninth Circuit · 2015
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