CONSOLIDATED CAPITAL INCOME TRUST, Plaintiff and Appellant,
v.
KHOSRO KHALOGHLI, Defendant and Respondent.
Court of Appeals of California, Fourth District, Division Three.https://leagle.com/images/logo.png
July 7, 1986.
July 7, 1986.
Attorney(s) appearing for the Case
COUNSEL
Dirk A. Fulton, Drummy, Garrett, King & Harrison, Howard F. Harrison, John C. Murphy, Hetland & Hansen, John R. Hetland, Charles A. Hansen and Steven M. Morgen for Plaintiff and Appellant.
Stradling, Yocca, Carlson & Rauth, Richard C. Goodman, Randall J. Sherman, Cox, Castle & Nicholson, David A. Leipziger and Kenneth B. Bley for Defendant and Respondent.
Court of Appeals of California, Fourth District, Division Three.
OPINION
CROSBY, J.
(1a) On cross motions for summary judgment, the superior court ruled for Khosro Khaloghli, an individual guarantor of a multimillion-dollar note and deed of trust on an apartment complex located in Texas, and against Consolidated Capital Income Trust, the lender, who brought this action on the note after it acquired the subject property in a nonjudicial foreclosure. Khaloghli successfully argued that...
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