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PMC, INC. v. PORTHOLE YACHTS, LTD.

No. G018311.

76 Cal.Rptr.2d 832 (1998)

65 Cal.App.4th 882

PMC, INC., Cross-defendant, Cross-complainant and Respondent, v. PORTHOLE YACHTS, LTD., Cross-defendant, Cross-complainant and Appellant.

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

July 24, 1998.

Attorney(s) appearing for the Case

Leonard Sharenow, Los Angeles, for Cross-defendant, Cross-complainant and Appellant.

Troop, Meisinger Steuber & Pasich, and Blaine Greenberg, Los Angeles, for Cross-defendant, Cross-complainant and Respondent.

OPINION

RYLAARSDAM, Associate Justice.

This case involves the question of who is entitled to recover the deposit in an aborted boat purchase. The trial court awarded the deposit to PMC, Inc. (PMC), the buyer in the transaction. Porthole Yachts, Ltd. (Porthole), the seller, contends the trial court erred in finding PMC failed to accept a proposed modification concerning a marine survey contingency. Alternatively, Porthole argues PMC's decision to reject the...

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