Legal Opinion
Cargill, Inc. v. Souza
California Court of Appeal
Decided December 9, 2011No. F061767PublishedCited by 27 opinions
1Opinion of the Court
Opinion
LEVY, Acting P. J.
Appellants, Daniel and Joyce Souza, made loans to Manuel and Esmeralda Teixeira evidenced by promissory notes and secured by an interest in dairy cattle and farm equipment. Respondent, Cargill, Inc. (Cargill), was an unsecured creditor of the Teixeiras. Upon the Teixeiras’ default on the promissory notes, the Souzas and the Teixeiras entered into a “TRANSFER IN LIEU OF FORECLOSURE AGREEMENT” (Transfer Agreement). Under this Transfer Agreement, the Teixeiras agreed to transfer the dairy cattle and farm equipment to the Souzas and the Souzas agreed not to sue the…
2Cases cited6 opinions
- Blickman Turkus v. Mf Downtown SunnyvaleCalifornia Court of Appeal · 2008
- Sessions Payroll Management, Inc. v. Noble Construction Co.California Court of Appeal · 2000
- Prouty v. Gores Technology GroupCalifornia Court of Appeal · 2004
- Real Property Services Corp. v. City of PasadenaCalifornia Court of Appeal · 1994
- Dell Merk, Inc. v. FranziaCalifornia Court of Appeal · 2005
1 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Deerpoint Grp., Inc. v. Agrigenix, LLCDistrict Court, E.D. California · 2018
- Ronay Family Limited Partnership v. TweedCalifornia Court of Appeal · 2013
- Jensen v. U-Haul Co. of Cal., California Court of Appeal, 5th District2017
- Apex LLC v. Korusfood.comCalifornia Court of Appeal · 2014
- Hart v. Clear Recon Corp., California Court of Appeal, 5th District2018
22 more not listed; retrieve them via the Exa API.