Legal Opinion

Security Pacific National Bank v. Geernaert

California Court of Appeal

Decided April 5, 1988No. Docket Nos. F007922, F008352, F009787PublishedCited by 20 opinions

[Opinion certified for partial publication.*]

1Opinion of the Court

Opinion

Introduction

BALLANTYNE, J.

Security Pacific National Bank (Security Pacific) made a series of crop loans to Switchback Ranch between 1982 and 1984. The ranch, run as a general partnership, defaulted on loan payments causing Security Pacific to bring this action. In addition to the default, bitter disputes arose between the general partners. Bruce Geernaert eventually bought out the other partners and agreed to indemnify them for any claims by Security Pacific. In the fall of 1985, the bank brought a motion for summary judgment against Bruce Geernaert and his wife, Daphne Geernaert,…

2Cases cited16 opinions

  1. Doers v. Golden Gate Bridge, Higway & Transportation DistrictCalifornia Supreme Court · 1979
  2. CNA Casualty of California v. Seaboard Surety Co.California Court of Appeal · 1986
  3. Bardessono v. MichelsCalifornia Supreme Court · 1970
  4. Atlas Thrift Co. v. HoranCalifornia Court of Appeal · 1972
  5. Western Decor & Furnishings Industries, Inc. v. Bank of AmericaCalifornia Court of Appeal · 1979

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3Cited by20 opinions

  1. City of Santa Monica v. GonzalezCalifornia Supreme Court · 2008
  2. Quackenbush v. Aurora National Life Assurance Co.California Court of Appeal · 1995
  3. In Re San Vicente Medical Partners Ltd., Debtor. Securities & Exchange Commission v. American Principals Holding, Inc., San Vicente Medical Partners, Ltd., Debtor-In-Possession-Cross-Claimant-Appellant v. Ashley S. Orr, Receiver of American Principals Corporation, a California Corporation, Receiver-Cross-Defendant-AppelleeCourt of Appeals for the Ninth Circuit · 1992
  4. Crocker National Bank v. EmeraldCalifornia Court of Appeal · 1990
  5. Shannon v. Superior CourtCalifornia Court of Appeal · 1990

15 more not listed; retrieve them via the Exa API.

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