Case Summaries

1094 REVIEW DENIED A lender's purchase at foreclosure of the collateral by a full credit bid establishes that the value of the collateral is equivalent to the debt it secured and prevents the lender from recovering damages allegedly resulting from a negligent appraisal.



PACIFIC INLAND BANK v AINSWORTH (Full Credit Bid) 41 CA4 277 [See: GN Mortgage v Fidelity 21 CA4 1802; Western v Sawyer 10 CA4 1615; Alliance v Rothwell 10 C4 1226, T/AT 10/95; Romo v Stewart Title 35 CA4 1609]

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1996 Case Summaries

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