Alliance Mortg. Co. v. Rothwell

• Decision Date: 15 December 1994
• Docket Number: No. S043065,S043065
• Citation: 886 P.2d 606,37 Cal.Rptr.2d 57
• Court: California Supreme Court
• Parties: ALLIANCE MORTGAGE COMPANY, Appellant, v. Laurie Samuel ROTHWELL et al., Respondents.

Page 57

37 Cal.Rptr.2d 57

886 P.2d 606

ALLIANCE MORTGAGE COMPANY, Appellant, v. Laurie Samuel ROTHWELL et al., Respondents.

No. S043065.

Supreme Court of California,

In Bank.

Dec. 15, 1994.

Prior report: Cal.App., 34 Cal.Rptr.2d 700.

Petitions for review GRANTED.

The issues to be argued before this court shall be limited to whether a lender's acquisition of security property by full credit bid at a nonjudicial foreclosure sale precludes an action against nonborrower third parties for fraud.

LUCAS, C.J., and KENNARD, ARABIAN, BAXTER, GEORGE and WERDEGAR, JJ., concur.