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FALCON v. BEVERLY HILLS MORTG. CORP.

No. 2 CA-CV 88-0330.

166 Ariz. 311 (1990)

802 P.2d 1010

Sergio Grijalva FALCON, Trinidad Alberto Amador Jordan, Gilberto Chavez Rascon, Jose Falcon Lopez, Federico Luna Garcia and Manuel Sergio Valenzuela Valdez, Plaintiffs, v. BEVERLY HILLS MORTGAGE CORPORATION, Defendant. Sergio Grijalva FALCON, Trinidad Alberto Amador Jordan, Gilberto Chavez Rascon, Jose Falcon Lopez, Federico Luna Garcia and Manuel Sergio Valenzuela Valdez, Garnishors/Appellants, v. LLOYD'S OF LONDON; Employers Reinsurance Corporation, Garnishees/Appellees.

Court of Appeals of Arizona, Division 2, Department A.

Reconsideration Denied March 14, 1990.

Review Granted in Part and Denied in Part December 18, 1990.

Attorney(s) appearing for the Case

Barassi & Burris, P.C. by Richard D. Burris and William E. Druke, Tucson, for garnishors/appellants.

Lesher & Borodkin, P.C. by Robert O. Lesher, Tucson, for garnishee/appellee Lloyd's of London.

Ranger & Associates by Edward M. Ranger and Myles P. Hassett, Scottsdale, for garnishee/appellee Employers Reinsurance Corp.

OPINION

ROLL, Presiding Judge.

Garnishors Sergio Grijalva Falcon and others (investors) appeal from the trial court's order granting Lloyd's of London (Lloyd's) and Employers Reinsurance Corporation's (ERC) motion to quash the investors' writs of garnishment. For the reasons set forth below, we affirm as to ERC's motion and vacate and remand as to the motion filed by Lloyd's.

FACTS

Beverly Hills Mortgage Corporation (BHMC) conducted a mortgage...

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