California Court of Appeal

NORWEST MORTGAGE, INC. v. STATE FARM FIRE & CAS. CO., D036691

Dismissal of complaint for insurance bad faith was proper, where plaintiff was insured only to the extent it held a security interest in residence, and security interest was extinguished when plaintiff tendered a full credit bid for the residence at foreclosure sale; plaintiff's arguments that bid was submitted by mistake and that sale was rescinded will not alter result.

Appellate Information

• Decided 04/10/2002
• Published 04/10/2002

Judges

• McCONNELL, J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• Gruber & Donnet, Allen M. Gruber and Amy C. Salmans, San Diego, for Plaintiff and Appellant.


• For Appellees:
  
• Hughes & Nunn, Randall M. Nunn and E. Kenneth Purviance, San Diego, for Defendant and Respondent.