Legal Opinion
Life Financial Inc. X v. American Guaranty Financial Corp.
Court of Appeals of Oregon
Decided July 17, 1985No. A8406-03797; CA A33151PublishedCited by 4 opinions
1Opinion of the CourtGillette, P. J.
Life Financial Incorporated X (Life X) filed this action seeking a declaration that defendant American Guaranty Financial Corporation (AGFC) had not complied with the conditions of an agreement by which Life X was to purchase AGFC’s minority holding in American Guaranty Life Insurance Company (AGLIC). Life X also asked the court to enjoin defendant Pacific Western Bank, the escrow agent for the transaction, from disbursing any funds until AGFC had complied with the conditions. The trial court granted summary judgment for defendants and denied plaintiffs motion to file an amended complaint…
2Cited by4 opinions
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