Legal Opinion
Mosher v. Mayacamas Corp.
California Court of Appeal
Decided October 30, 1989No. H004655PublishedCited by 11 opinions
1Opinion of the Court
Opinion
FOGEL, J. *
Mayacamas Corporation appeals from a summary judgment in favor of plaintiff Loren R. Mosher in a breach of contract action.
Appellant contends that the trial court erred in precluding it from avoiding, rescinding or reforming its contractual obligations in light of a precipitous decline, subsequent to sale, in the value of the real property which was the subject of the contract. For reasons we shall discuss, we find no error and affirm the judgment.
Facts
In 1976, plaintiff and his brother, Roger L. Mosher, invested in a townhouse at Lake Tahoe. Each held an undivided one-half…
2Cases cited4 opinions
- M. F. Kemper Construction Co. v. City of Los AngelesCalifornia Supreme Court · 1951
- West Pico Furniture Co. v. Superior CourtCalifornia Supreme Court · 1961
- Walter E. Heller Western, Inc. v. Tecrim Corp.California Court of Appeal · 1987
- Smith v. ZimbalistCalifornia Court of Appeal · 1934
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- CRV Imperial-Worthington, LP v. Gemini InsuranceDistrict Court, S.D. California · 2010
- Harris v. Rudin, Richman & AppelCalifornia Court of Appeal · 2002
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