(DOWNLOAD) "Seattle-First National Bank" by Division Three Court of Appeals of Washington # Book PDF Kindle ePub Free
eBook details
- Title: Seattle-First National Bank
- Author : Division Three Court of Appeals of Washington
- Release Date : January 25, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
Seattle First National Bank (Seafirst) instituted foreclosure proceedings to recover on secured loans it made to James R. and Patricia D. Siebol. After a bench trial, the court entered judgment for Seafirst in the amount of $431,858.49 plus interest, $50,000 in attorney fees, $106.20 in costs, and foreclosed the deeds of trust securing the debt. However, the court granted the Siebols an offset of $34,364 in damages resulting from Mr. Siebol's detrimental reliance on the bank's promise to provide financing for lot improvement and purchase of inventory for a new business venture. The Siebols appeal the amount of the offset and the award of attorney fees; the bank cross-appeals the award of the offset and its amount. We affirm.
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