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FREEDOM FIN. THRIFT & LOAN v. GOLDEN PACIFIC BANK

Docket No. B073941.

20 Cal.App.4th 1305 (1993)

25 Cal. Rptr.2d 235

FREEDOM FINANCIAL THRIFT & LOAN, Plaintiff and Appellant, v. GOLDEN PACIFIC BANK, Defendant and Respondent.

Court of Appeals of California, Second District, Division Seven.

December 8, 1993.

Attorney(s) appearing for the Case

COUNSEL

Washor & Associates, Lawrence I. Washor and Eileen Palmer for Plaintiff and Appellant.

Hall & Bailey and Donald R. Hall for Defendant and Respondent.

OPINION

JOHNSON, J.

Plaintiff and appellant, Freedom Financial Thrift & Loan (Freedom), appeals from a judgment of dismissal following the sustaining of a demurrer to its original complaint filed by defendant and respondent, Golden Pacific Bank (Golden). This case presents the issue whether a second lending institution, not a party to the original loan, can be responsible for a deficiency in the payoff of the original loan when...

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