Legal Opinion
Summit Financial Holdings, Ltd. v. Continental Lawyers Title Co.
California Supreme Court
Decided May 15, 2002No. S097344PublishedCited by 53 opinions
1Opinion of the Court
Opinion
BROWN, J.
The question presented by this case is whether an escrow holder owes a duty of care to a nonparty to the escrow based on an *708assignment to that nonparty by another nonparty to the escrow. We answer this question in the negative.
The complicated factual background of this case will be presented more fully below, but in brief, the question presented arises under the following circumstances: Dr. John Furnish, the maker of a promissory note secured by a deed of trust on real property in Corona Del Mar, refinanced his secured obligations by obtaining a new loan from a new lender, a…
2Cases cited15 opinions
- Biakanja v. IrvingCalifornia Supreme Court · 1958
- Quelimane Co. v. Stewart Title Guaranty Co.California Supreme Court · 1998
- Amen v. Merced County Title Co.California Supreme Court · 1962
- Blackburn v. McCoyCalifornia Court of Appeal · 1934
- Rianda v. San Benito Title Guarantee Co.California Supreme Court · 1950
10 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- MacEy v. Allstate Property & Casualty InsuranceDistrict Court, N.D. California · 2002
- Nguyen v. CalhounCalifornia Court of Appeal · 2003
- Centinela Freeman Emergency Medical Associates v. Health Net of California, Inc.California Supreme Court · 2016
- National Union Fire Insurance Co. of Pittsburgh v. Cambridge Integrated Services Group, Inc.California Court of Appeal · 2009
- Tribeca Companies, LLC v. First American Title InsuranceCalifornia Court of Appeal · 2015
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