Legal Opinion

Union Bank v. Brummell

California Court of Appeal

Decided February 18, 1969No. Civ. 9037PublishedCited by 17 opinions

1Opinion of the CourtMcCABE, P. J.

This is an action for a deficiency after non judicial sale against defendants alleging them to be guarantors of a secured note. On February 12, 1964, Efficient Investments, Inc. 1 by its president, defendant Ira Brummell, and secretary, defendant Max Dillman, executed in favor of Union Bank a note in the amount of $1,700,000 secured by a deed of trust. The trust deed encumbered property appraised by the bank at $2.100,000. This appraisal was made by the bank in December 1963. Defendants personally endorsed the note and, in addition, executed continuing guarantees.

On November 12, 1965, at the…

2Cases cited6 opinions

  1. Freedland v. GrecoCalifornia Supreme Court · 1955
  2. Valinda Builders, Inc. v. BissnerCalifornia Court of Appeal · 1964
  3. Union Bank v. GradskyCalifornia Court of Appeal · 1968
  4. Everts v. MattesonCalifornia Supreme Court · 1942
  5. Riddle v. LushingCalifornia Court of Appeal · 1962

1 more not listed; retrieve them via the Exa API.

3Cited by17 opinions

  1. United States Ex Rel. Small Business Administration v. MorrisDistrict Court, E.D. Pennsylvania · 1981
  2. Torrey Pines Bank v. HoffmanCalifornia Court of Appeal · 1991
  3. River Bank America v. DillerCalifornia Court of Appeal · 1995
  4. Cal. Bank & Trust v. Lawlor CA4/3California Court of Appeal · 2013
  5. Cathay Bank v. LeeCalifornia Court of Appeal · 1993

12 more not listed; retrieve them via the Exa API.

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