Legal Opinion
Kaura v. Stabilis Fund II, LLC
California Court of Appeal, 5th District
Decided June 13, 2018No. E065751PublishedCited by 4 opinions
1Opinion of the Court
RAMIREZ P.J.
*267*423Stabilis Fund II, LLC (Stabilis) holds a trust deed on an apartment complex in Indio. In 2013, Stabilis sued the owners of the *424property, alleging that the underlying loan was in default, seeking judicial foreclosure, and, in the interim, seeking a receiver "to make sure that the Real Property is properly maintained and that property conditions do not pose a risk of harm to tenants and third parties." On Stabilis's motion, the trial court appointed a receiver.
In 2014, the City of Indio (City) intervened. It alleged that the property was a public nuisance, riddled with hazardous…
2Cases cited16 opinions
- Chia-Lee Hsu v. AbbaraCalifornia Supreme Court · 1995
- Reynolds Metals Co. v. AlpersonCalifornia Supreme Court · 1979
- Graham v. DaimlerChrysler Corp.California Supreme Court · 2005
- Mountain Air Enters., LLC v. Sundowner Towers, LLCCalifornia Supreme Court · 2017
- Bell v. Farmers Insurance ExchangeCalifornia Court of Appeal · 2001
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3Cited by4 opinions
- City of Sierra Madre v. SunTrust Mortg., Inc., California Court of Appeal, 5th District2019
- City of Norco v. MugarCalifornia Court of Appeal · 2021
- City of Sierra Madre v. SunTrust MortgageCalifornia Court of Appeal · 2019
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