Legal Opinion
Cohn v. Gramercy Escrow Co.
California Court of Appeal
Decided January 13, 1977No. Civ. 47343PublishedCited by 5 opinions
1Opinion of the Court
Opinion
HASTINGS, J.
On April 2, 1971, an escrow was entered into to transfer a conveyance of an alcoholic beverage license. The seller of the license was 6236 Santa Monica Blvd., Inc. (seller) and Cassjen, Inc. was the buyer (buyer). The escrow company involved was Gramercy Escrow Co. (Gramercy), and its escrow instructions provided that the escrow was to be conducted under the provisions of section 24074 (see fn. 5) of the California Business and Professions Code. The purchase price for the license was $11,500, with $500 to be paid in cash and the balance represented by a promissory note from…
2Cases cited3 opinions
- Lucas v. HammCalifornia Supreme Court · 1961
- Grover Escrow Corp. v. GoleCalifornia Supreme Court · 1969
- Doyle v. CoughlinCalifornia Court of Appeal · 1974
3Cited by5 opinions
- Diaz v. United California BankCalifornia Court of Appeal · 1977
- Webster v. Southern California First National BankCalifornia Court of Appeal · 1977
- Business Title Corp. v. United StatesCalifornia Supreme Court · 1978
- Certified Check Cashers v. United StatesDistrict Court, C.D. California · 1980
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