Legal Opinion
Laks v. Coast Federal Savings & Loan Ass'n
California Court of Appeal
Decided August 10, 1976No. Civ. 47006PublishedCited by 49 opinions
1Opinion of the Court
Opinion
HASTINGS, J.
The facts are not in dispute. Plaintiffs and appellants, Ernest Laks and Richard Schubot (hereinafter “appellants”) sought to develop a Sheraton Motor Inn located near the San Francisco International Airport. Appellants had obtained a broker to assist them in finding the financing for the project. On January 9, 1973, Coast Federal Savings and Loan Association (hereinafter “Coast”) sent to appellants’ broker a letter of conditional commitment which read as follows:
Mr. Roger H. Alexander
Vice President
Kassler & Company
555 California Street Suite 4870
San Francisco, California…
2Cases cited10 opinions
- Drennan v. Star Paving Co.California Supreme Court · 1958
- Wade v. Markwell & Co.California Court of Appeal · 1953
- Anchor Casualty Co. v. Surety Bond Savings & Loan Ass'nCalifornia Court of Appeal · 1962
- Aronowicz v. Nalley's, Inc.California Court of Appeal · 1972
- Saliba-Kringlen Corp. v. Allen Engineering Co.California Court of Appeal · 1971
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3Cited by49 opinions
- Lockheed Missile & Space Co. v. Hughes Aircraft Co.District Court, N.D. California · 1995
- US Ecology, Inc. v. StateCalifornia Court of Appeal · 2005
- Daniels v. Select Portfolio Servicing, Inc.California Court of Appeal · 2016
- Jolley v. Chase Home Finance, LLCCalifornia Court of Appeal · 2013
- Rafael Aguilar v. International Longshoremen's Union Local 10 International Longshoremen's and Warehousemen's Union Pacific Maritime AssociationCourt of Appeals for the Ninth Circuit · 1992
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