PACIFIC v. ZORAN
4/27/06
CERTIFIED FOR PARTIAL PUBLICATION*
IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA
SECOND APPELLATE DISTRICT
DIVISION THREE
| PACIFIC SHORE FUNDING, Plaintiff, Cross-Defendant and Respondent, v. ZORAN LOZO et al., Defendants, Cross-Complainants and Appellants. | B178694 (Los Angeles County Super. Ct. No. BC299189) |
APPEAL from a judgment of the Superior Court of Los Angeles County, Edward A. Ferns, Judge. Reversed.
Knapp, Petersen & Clarke and Stephen M. Harris for Defendants, Cross-Complainants and Appellants.
Morrison & Foerster, H. Mark Mersel and Eric D. Olson for Plaintiff, Cross-Defendant and Respondent.
AARP Foundation Litigation and Barbara Jones; Jean Constantine-Davis (Washington, D.C.) and Nina Simon (Washington, D.C.); and Michel Schuster, Washington, D.C.), as Amici Curiae on behalf of Appellants.
Bill Lockyer, Attorney General, Richard M. Frank, Chief Deputy Attorney General, Tom Greene, Chief Assistant Attorney General, Albert Norman Shelden, Assistant Attorney General, Ronald A. Reiter and Benjamin G. Diehl, Deputy Attorneys General, as Amici Curiae on behalf of Defendants, Cross-Complainants and Appellants.
Severson & Werson and Jan T. Chilton as Amici Curiae on behalf of Respondent.
INTRODUCTION
A year after refinancing a loan they had obtained from Pacific Shore Funding, Zoran and Monika Lozo attempted to rescind the original loan transaction on the ground Pacific Shore had violated various disclosure requirements of the Truth In Lending Act (15 U.S.C. § 1601 et seq., â€
