Lough v. Bank of America National Trust & Savings Ass'n

15 Cal. App. 2d 595 ·

California Court of Appeal · Filed

Published · citable

Holding

The court held that the estate of a decedent suffered no compensable damage from a bank's knowing participation in an executrix's misapplication of estate funds where the executrix, as the sole devisee and legatee, subsequently received the entire estate through a final decree of distribution, thereby perfecting her title to the assets and nullifying any claim of loss.

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