Peak-Las Positas Partners v. Bollag
California Court of Appeal
1Opinion of the Court
Opinion
GILBERT, P. J.
Parties agree to act reasonably in their contractual relationship. This case demonstrates that when a party acts unreasonably, it is reasonably certain that no one prospers.
Michael Bollag appeals a judgment extending the escrow on a land sale contract so that buyer Peak-Las Positas Partners (PLP) can obtain a lot line adjustment for a housing project. The trial court found that Bollag acted unreasonably in refusing to extend the escrow after PLP paid most of the purchase price and incurred about $5 million in costs for the lot line adjustment. PLP also received attorney’s…
2Cases cited15 opinions
- PLCM Group, Inc. v. DrexlerCalifornia Supreme Court · 2000
- Teel v. GaskillCalifornia Supreme Court · 1944
- Hasson v. Ford Motor Co.California Supreme Court · 1982
- Kendall v. Ernest Pestana, Inc.California Supreme Court · 1985
- Golden Eagle Insurance v. Foremost InsuranceCalifornia Court of Appeal · 1993
10 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Smith v. Selma Community HospitalCalifornia Court of Appeal · 2010
- Powerhouse Motorsports Group, Inc. v. Yamaha Motor Corp., USACalifornia Court of Appeal · 2013
- Frog Creek Partners, LLC v. Vance Brown, Inc.California Court of Appeal · 2012
- Calvo Fisher & Jacob LLP v. LujanCalifornia Court of Appeal · 2015
- Page v. Miracosta Community College DistrictCalifornia Court of Appeal · 2009
11 more not listed; retrieve them via the Exa API.