Deeb v. Field

Plaintiff-appellant seeks review of an adverse final judgment entered in favor of defendant-appellees in an action for cancellation of written deposit receipt agreement and for return of escrow deposit.

Plaintiff-appellant, Luis Deeb, as purchaser, entered into a deposit receipt agreement with the defendant-appellees Milton Field and E. M. Segall, as sellers, for the purchase of certain real property. According to the terms thereof, plaintiff gave $10,000 as a deposit which was held in escrow and in the event of default by the purchaser was to be retained by the sellers as liquidated and…