Legal Opinion

Blosch v. Natixis Real Estate Capital, Inc.

Court of Appeals of Utah

Decided August 29, 2013No. 20110315-CAPublishedCited by 4 opinions

1Opinion of the Court

Opinion

CHRISTIANSEN, Judge:

11 Kirk Blosch, Martin W. Merrill, and David O'Bagy appeal from a jury verdict finding that Blosch was not a third-party beneficiary of a loan agreement between Na-tixis Real Estate Capital, Inc. (Natixis), Schoolhouse Downtown, LLC, and Schoolhouse Downtown's principal (Borrower) 1 Blosch also challenges the trial court's denial of his pretrial motion for summary judgment. We affirm.

BACKGROUND

12 On March 30, 2006, Natixis and Borrower entered into a loan agreement (the Loan Agreement) by which Natixis loaned Borrower $7.8 million. 2 The funds were to be used for…

2Cases cited24 opinions

  1. Orvis v. JohnsonUtah Supreme Court · 2008
  2. Daines v. VincentUtah Supreme Court · 2008
  3. Winegar v. Froerer Corp.Utah Supreme Court · 1991
  4. Menzies v. GaletkaUtah Supreme Court · 2006
  5. SME Industries, Inc. v. Thompson, Ventulett, Stainback & Associates, Inc.Utah Supreme Court · 2001

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3Cited by4 opinions

  1. A.S. v. R.S.Utah Supreme Court · 2017
  2. Smith v. SmithUtah Supreme Court · 2017
  3. Grove Business Park v. Sealsource InternationalCourt of Appeals of Utah · 2019
  4. Myler v. Blackstone Financial Group Business TrustCourt of Appeals of Utah · 2014

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