Prevailing Party/Section 1717: Successor Trust Deed Lender Entitled To Attorney’s Fees Recovery Against Extinguished Lienholder Based On “Practical Liability” Section 1717 Doctrine
Cases: Prevailing Party, Cases: Section 1717Saucedo Case Found to Support Fee Recovery. Saucedo v. Mercury Sav. & Loan Assn., 111 Cal.App.3d 309, 315 (1980) is an interesting section 1717 decision where plaintiffs (nonassuming grantees) of a property subject to a note/trust deed beat the lender under loan documents with a fees clause. Plaintiffs were allowed fee recovery because, […]
