California Court of Appeal

Trial court correctly construed the settlement agreement between hotel developers and local citizens as requiring defendants to maintain the bond guaranty or provide a letter of credit securing their obligation to make the remaining quarterly payments to the Land Trust.

Appellate Information

• Decided 04/20/2004
• Published 04/20/2004

Judges

• YEGAN, J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
•  Marcus S. Bird;  Hollister & Brace, for HT Santa Barbara and Great Universal Capital Corp., Appellants.


• For Appellees:
  
• Marc Chytilo;  Law Offices of Marc Chytilo, for Respondents.