Consolidated World Investments, Inc. v. Lido Preferred Ltd.
California Court of Appeal
[Opinion certified for partial publication.*]
1Opinion of the Court
Opinion
JOHNSON, J.
Plaintiff, Consolidated World Investments, Inc., (CWI), appeals from a judgment of nonsuit on all its causes of action against defendants, Lido Preferred Ltd. and others (Lido). We affirm.
Facts and Proceedings Below
On March 12, 1986, CWI entered into an agreement to purchase from Lido an apartment building in Hollywood. The pertinent provisions of the contract provide:
“3. Seller agrees to extend the closing of escrow upon Buyer’s request in the event the lender is unable to fund the proposed First Trust Deed loan by the anticipated closing date, provided that the Buyer…
2Cases cited17 opinions
- Pacific Gas & Electric Co. v. G. W. Thomas Drayage & Rigging Co.California Supreme Court · 1968
- Winet v. PriceCalifornia Court of Appeal · 1992
- Reichert v. General Insurance of AmericaCalifornia Supreme Court · 1968
- Carson v. Facilities Development Co.California Supreme Court · 1984
- Huang v. GarnerCalifornia Court of Appeal · 1984
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3Cited by37 opinions
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- Southern California Edison Co. v. Superior CourtCalifornia Court of Appeal · 1995
- Oceanside 84, Ltd. v. Fidelity Federal BankCalifornia Court of Appeal · 1997
- Plotnik v. MeihausCalifornia Court of Appeal · 2012
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