Eggert v. Pacific States Savings & Loan Co.

53 Cal. App. 2d 554 ·

California Court of Appeal · Filed

Published · citable

Holding

The court held that a superior court possessed jurisdiction to order a statutory liquidator, acting as a trustee of a failed savings and loan’s assets, to pay the attorney’s fees of the association’s counsel, where the defense of the action was conducted in good faith on reasonable grounds and was necessary for the protection of the trust estate, even when the liquidator maintained a neutral posture due to conflicting interests.

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