Legal Opinion
City of Vista v. Robert Thomas Securities, Inc.
California Court of Appeal
Decided October 13, 2000No. D034076PublishedCited by 32 opinions
1Opinion of the Court
Opinion
O’ROURKE, J.
The City of Vista (Vista) appeals the court’s grant of summary judgment in favor of Robert Thomas Securities, Inc. (Robert Thomas). Vista contends (1) the court erred when it found the suit barred by the statute of limitations because there is a triable issue of fact as to when Vista sustained damage, and (2) the four-year statute of limitations applies. We agree there is a triable issue of fact as to when Vista sustained damage.
Factual and Procedural History
This suit stems from Vista’s purchase of securities called interest-only strips. The holder of the interest-only…
2Cases cited15 opinions
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Alliance Mortgage Co. v. RothwellCalifornia Supreme Court · 1995
- United States Liability Insurance v. Haidinger-Hayes, Inc.California Supreme Court · 1970
- Wyatt v. Union Mortgage Co.California Supreme Court · 1979
- Bagdasarian v. GragnonCalifornia Supreme Court · 1948
10 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- American Master Lease LLC v. Idanta Partners, Ltd.California Court of Appeal · 2014
- Buschman v. Anesthesia Business Consultants LLCDistrict Court, N.D. California · 2014
- Professional Collection Consultants v. LauronCalifornia Court of Appeal · 2017
- Thomson v. CanyonCalifornia Court of Appeal · 2011
- Espejo v. Copley Press, Inc., California Court of Appeal, 5th District2017
27 more not listed; retrieve them via the Exa API.