[DOWNLOAD] "Raedeke V. Gibraltar Savings And Loan Association" by Supreme Court Of California " Book PDF Kindle ePub Free
eBook details
- Title: Raedeke V. Gibraltar Savings And Loan Association
- Author : Supreme Court Of California
- Release Date : January 21, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 75 KB
Description
Plaintiffs John and Alicia Raedeke appeal from a judgment of the Los Angeles Superior Court awarding them $14,000 against defendant Gibraltar Savings and Loan Association in an action based upon an alleged wrongful foreclosure of property owned by plaintiffs. Although the jury awarded plaintiffs $475,000 compensatory damages by reason of Gibraltar's conduct, the trial court treated the verdict as advisory only and reduced plaintiffs' award to $14,000. We have concluded that plaintiffs' suit was an action at law, not equity, and that the trial court erred in treating the jury verdict as advisory. Accordingly, we reverse the judgment with instructions to reinstate the jury verdict.