[DOWNLOAD] "Careau & Co. V. Security Pacific Business Credit Inc." by Second Appellate District, Division Three Court of Appeal of California ~ Book PDF Kindle ePub Free
eBook details
- Title: Careau & Co. V. Security Pacific Business Credit Inc.
- Author : Second Appellate District, Division Three Court of Appeal of California
- Release Date : January 17, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 99 KB
Description
This appeal involves two consolidated actions: Careau & Co. and Richard Carrott v. Security Pacific Business Credit, Inc., Security Pacific National Bank, Security Pacific Corporation and Raymond C. Torres (the Carrott action); and the Careau Group v. Raymond Torres, Security Pacific Business Credit, Inc., Security Pacific National Bank, and Security Pacific Corporation (the Careau Group action). They arise out of a dispute as to (1) whether the bank defendants had made a binding commitment to provide debt financing to the plaintiffs for the leveraged (i.e., debtfinanced) buyout of a business and (2) whether the plaintiffs justifiably relied thereon. These two actions allege numerous parallel and nearly identical claims based upon both contract and tort. (See fn. 8, post.)
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