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GLENDALE FED. S & L ASSN. v. MARINA VIEW HEIGHTS

Docket No. 13481.

66 Cal.App.3d 101 (1977)

135 Cal. Rptr. 802

GLENDALE FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff, Cross-defendant and Appellant, v. MARINA VIEW HEIGHTS DEVELOPMENT COMPANY, INC., et al., Defendants, Cross-complainants and Appellants. GLENDALE FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff, Cross-defendant and Appellant, v. MORRIS MISBIN et al., Defendants, Cross-complainants and Appellants.

Court of Appeals of California, Fourth District, Division Two.

January 20, 1977.

Attorney(s) appearing for the Case

COUNSEL

McKenna & Fitting, Les J. Weinstein, Aaron M. Peck and Alan Holmberg for Plaintiff, Cross-defendant and Appellant.

Hill, Farrar & Burrill, Jack R. White, William M. Bitting, Rex W. Kellough and John N. McLaurin for Defendants, Cross-complainants and Appellants.

OPINION

TAMURA, J.

These consolidated appeals involve a dispute between a lending institution (hereafter Glendale) and a corporate land developer (hereafter Marina View) and its principals (Morris Misbin and William E. Holmes) over their respective rights and obligations under certain loan and guarantee agreements. The developers defaulted, the lending institution commenced nonjudicial...

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