Federal Home Loan Bank v. Countrywide Financial Corp.
California Court of Appeal
1Opinion of the Court
*1523Opinion
JONES, P. J.
The trial court concluded res judicata barred Federal Home Loan Bank of San Francisco’s (the Bank) claim against Countrywide Financial Corporation (Countrywide Financial) and sustained Countrywide Financial’s demurrer to the first amended complaint without leave to amend.
The Bank appeals. It contends the court erred by concluding res judicata barred its claim against Countrywide Financial because “[t]here was no final judgment on the merits in a prior action that could have given rise to res judicata in this action.” We disagree and affirm. We conclude the doctrine of res…
2Cases cited17 opinions
- Mycogen Corp. v. Monsanto Co.California Supreme Court · 2002
- Boeken v. PHILIP MORRIS USA, INC.California Supreme Court · 2010
- Villacres v. Abm Industries Inc.California Court of Appeal · 2010
- Mattson v. City of Costa MesaCalifornia Court of Appeal · 1980
- Bullock v. Philip Morris USA, Inc.California Court of Appeal · 2011
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