California Court of Appeal

A lender's acquisition of secured property by full credit bid at a nonjudicial foreclosure sale does not bar the lender as a matter of law from maintaining a negligence action against third party non-borrowers who negligently induced the lender to make the loans.

Appellate Information

• Decided 04/05/2001
• Published 04/05/2001

Judges

• KLINE, P.J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
•  Martin Reilley,Cheryl P. Martinsen, Lanahan & Reilley, LLP, Santa Rosa, CA, for Appellant.


• For Appellees:
  
• Robert T. Dolan, Gaglione & Dolan, Los Angeles, CA, for Respondent.