Pacific Firestone Escrow Co. v. Food Giant Markets, Inc.

This is an appeal from a judgment in an interpleader action. Action was brought by the Pacific Firestone Escrow Co. (hereinafter referred to as the “escrow company”) against numerous creditors of Lido Liquors, Inc., who had filed claims with the escrow company at different times concerning escrowed funds. These funds were the proceeds from the sale of a liquor license from Lido Liquors to defendant Food Giant Markets, Inc., and were placed in escrow pursuant to escrow instructions and the provisions of section 24074 of the Business and Professions Code. The escrow company felt that it could…