EGB Group v. Family Mortgage Options CA2/1
Defendants and cross-complainants EGB Group, Inc. (EGB) and Sandra Valentine, Trustee of the Sandra Lee Valentine 1998 Revocable Living Trust, (Valentine) appeal from a judgment of dismissal based on an order granting codefendant and cross-defendant Family Mortgage Options, LLC’s (Family Mortgage) motion for a good faith settlement determination and request for dismissal of EGB’s remaining cross-claims under Code of Civil Procedure section 877.6 (section 877.6).
Plaintiff Brigid O’Brien, an elder, alleged that she sold her Manhattan Beach home to Family Mortgage based on Family Mortgage’s representations that it could help her avoid foreclosure. She further alleged Family Mortgage designed the transaction so that O’Brien would default on her obligations to Family Mortgage, thereby permitting Family Mortgage to resell the property for a quick profit.
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