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SANCHEZ-COREA v. BANK OF AMERICA

Docket No. S.F. 24709.

38 Cal.3d 892 (1985)

701 P.2d 826

215 Cal. Rptr. 679

ANTONIO R. SANCHEZ-COREA et al., Plaintiffs, Cross-defendants and Appellants, v. BANK OF AMERICA, Defendant, Cross-complainant and Respondent; VIRGIL McGOWEN, Defendant and Respondent.

Supreme Court of California.

July 11, 1985.

Attorney(s) appearing for the Case

COUNSEL

Daniel M. Crawford, Donald T. Ramsey and Carroll, Burdick & McDonough for Plaintiffs, Cross-defendants and Appellants.

David B. Flinn and Leland, Parachini, Steinberg, Flinn, Matzger & Melnick for Defendant, Cross-complainant and Respondent.

No appearance for Defendant and Respondent.

OPINION

REYNOSO, J.

Plaintiffs Antonio and Lucille Sanchez-Corea and Edward Towers, trustee in bankruptcy, appeal from an order that vacated a $2.1 million judgment in their favor and granted defendant Bank of America's motion for new trial. We initially address the following question: Where the trial court fails to comply with the mandatory statutory requirement (Code Civ. Proc., § 657) that a new trial order state grounds therefor...

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