Legal Opinion

Peak-Las Positas Partners v. Bollag

California Court of Appeal

Decided March 26, 2009No. B205091PublishedCited by 16 opinions

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

  1. PLCM Group, Inc. v. DrexlerCalifornia Supreme Court · 2000
  2. Teel v. GaskillCalifornia Supreme Court · 1944
  3. Hasson v. Ford Motor Co.California Supreme Court · 1982
  4. Kendall v. Ernest Pestana, Inc.California Supreme Court · 1985
  5. Golden Eagle Insurance v. Foremost InsuranceCalifornia Court of Appeal · 1993

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3Cited by16 opinions

  1. Smith v. Selma Community HospitalCalifornia Court of Appeal · 2010
  2. Powerhouse Motorsports Group, Inc. v. Yamaha Motor Corp., USACalifornia Court of Appeal · 2013
  3. Frog Creek Partners, LLC v. Vance Brown, Inc.California Court of Appeal · 2012
  4. Calvo Fisher & Jacob LLP v. LujanCalifornia Court of Appeal · 2015
  5. Page v. Miracosta Community College DistrictCalifornia Court of Appeal · 2009

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